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MI SB0487
Bill
AI Summary
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Removes the restriction that prevented the State Administrative Board from transferring or inter-transferring funds appropriated to the Strategic Outreach and Attraction Reserve Fund (SOAR)
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Eliminates the prohibition on transferring funds designated for the Critical Industry Program and Michigan Strategic Site Readiness Program
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Maintains existing requirements that inter-transfers within department appropriations must follow the approval or notice process with Senate and House appropriations committees
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Renumbers remaining subsections following deletion of the SOAR fund transfer restriction (former subsection 6)
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Takes effect only if Senate Bills 486 and 488 of the 103rd Legislature are also enacted into law
Legislative Description
Appropriations: grants and transfers; state administrative board limitations; modify. Amends sec. 3 of 1921 PA 2 (MCL 17.3). TIE BAR WITH: SB 486'25, SB 488'25
State agencies (existing): boards and commissions
Last Action
Referred To Committee On Economic And Community Development
7/29/2025