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MI SB0633
Bill
AI Summary
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Creates an independent defense contract coordination center within the Michigan strategic fund to focus on job creation and retention from defense and homeland security contract opportunities.
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Center must coordinate with procurement technical assistance centers to maximize homeland security and defense business opportunities for small businesses and research programs in Michigan.
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Establishes a performance objective to increase defense and homeland security contracts awarded to Michigan-based businesses by 25% within one year of July 20, 2006.
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Requires the center to hire an executive director and support staff, with additional staffing approved by the Michigan strategic fund board after development of an approved business plan.
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Prohibits the center from using state funds to construct or renovate buildings for its own use.
Legislative Description
Economic development; other; defense contract coordination center; make independent agency. Amends sec. 2 of 2006 PA 317 (MCL 125.1972).
State financing and management, funds
Last Action
Referred To Committee On Economic Development And Regulatory Reform
6/11/2009