SB0925

Economic development: Michigan strategic fund; community development tax credit program; establish and administer. Amends secs. 7 & 9 of 1984 PA 270 (MCL 125.2007 & 125.2009). TIE BAR WITH: SB 0923'26

Introduced·4/23/26
Introduced Text

Michigan SB0925 amends the Michigan Strategic Fund Act to enhance reporting and transparency for economic development programs.

Michigan SB0925 amends the Michigan Strategic Fund Act to enhance reporting and transparency for economic development programs. The bill requires the fund to submit annual reports to the legislature and other officials, detailing financial assistance, job creation, and investment outcomes. It mandates the inclusion of specific metrics such as the number of new jobs created, revenue increases, and the amount of private investment attracted.

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  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Economic And Community Development Committee
Next
Committee decision

Sponsors

DD
2
1
R
Democratic CaucusRepublican Caucus

Calendar

Jun 3

2:00 PM

Senate Economic and Community Development

History

Apr 23

Senate

Introduced By Senator John Damoose

Apr 23

Senate

Referred To Committee On Economic And Community Development