Michigan SB0671 amends the State School Aid Act of 1979 to reflect the elimination of the Michigan Strategic Fund.
Michigan SB0671 amends sections 26d and 65 of the State School Aid Act of 1979 to reflect the elimination of the Michigan Strategic Fund. The bill specifies that the fund's responsibilities will be transferred to the Bureau of Fair Competition and Free Enterprise. It allocates funds for reimbursements related to the Brownfield Redevelopment Financing Act and for a pre-college engineering K to 12 educational program. The bill also mandates that the Michigan Economic Development Corporation collaborate with the Department of Treasury to identify tax revenues for reimbursement.
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