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MI SB0637
Bill
Status
10/30/2025
Primary Sponsor
Joseph Bellino
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AI Summary
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Eliminates the "strategic outreach and attraction reserve fund" from the Michigan trust fund act by removing its definition and repealing MCL 12.254
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Simplifies the 21st century jobs trust fund by removing specific funding sources tied to the Michigan strategic fund act and Michigan early stage venture investment act
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Allows the state treasurer to expend money from the 21st century jobs trust fund for any purpose provided by law, replacing the previous requirement that funds be used specifically for Michigan strategic fund programs
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Updates references throughout the act to replace the Michigan strategic fund act with "former 1984 PA 270" reflecting the anticipated elimination of the Michigan strategic fund
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Makes technical updates to the Medicaid program definition (extending reference to 42 USC 1396w-8) and modernizes language throughout the act
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Contingent on enactment of Senate Bill No. 631 of the 103rd Legislature
Legislative Description
Economic development: other; Michigan trust fund act; amend to reflect elimination of the Michigan strategic fund. Amends secs. 2, 7, 8 & 11 of 2000 PA 489 (MCL 12.252 et seq.) & repeals sec. 4 of 2000 PA 489 (MCL 12.254). TIE BAR WITH: SB 0631'25
Economic development: other
Last Action
Referred To Committee On Government Operations
10/30/2025