SB1010

Economic development: Michigan strategic fund; office of small business growth; establish. Amends 1984 PA 270 (MCL 125.2001 - 125.2094) by adding ch. 7A.

Introduced·5/21/26
Introduced Text

Michigan SB1010 establishes the Office of Small Business Growth within the Michigan Strategic Fund to support small businesses.

Michigan SB1010 amends the Michigan Strategic Fund by adding a new chapter establishing the Office of Small Business Growth. The office will be headed by a small business administrator appointed by the governor. The office will facilitate the creation, growth, and retention of small business jobs, coordinate programs across state government, and create a 1-stop website for small businesses. It will also provide technical assistance, conduct workshops, and recommend changes to state statutes or rules.

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Where it stands

Current
Appropriations Committee
Next
Committee decision

Sponsors

D
1
0
Democratic CaucusRepublican Caucus

History

May 21

Senate

Introduced By Senator Sarah Anthony

May 21

Senate

Referred To Committee On Appropriations