Michigan SB0653 amends the Michigan Next Energy Authority Act to reflect the elimination of the Michigan Strategic Fund.
Michigan SB0653 amends the Michigan Next Energy Authority Act to reflect the elimination of the Michigan Strategic Fund. The bill updates the definitions and references related to the Michigan Strategic Fund, ensuring consistency with the new economic development framework. This includes changes to the definitions of terms such as "board," "department," and "authority," aligning them with the new structure established by the economic development fair competition and free enterprise act.
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