Amends the Stille-DeRossett-Hale Single State Construction Code Act to reflect the elimination of the Michigan Strategic Fund.
The bill amends the Stille-DeRossett-Hale Single State Construction Code Act to update the definition of "financial institution" to exclude the Michigan Strategic Fund, which has been eliminated. This change aligns the construction code with the current economic development framework in Michigan. The amendment ensures that the definition of "financial institution" now refers to state or nationally chartered banks, savings and loan associations, savings banks, or credit unions.
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