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MI SB0639
Bill
Status
10/30/2025
Primary Sponsor
Thomas Albert
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AI Summary
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Updates references in the State Administrative Board law from the "Michigan Strategic Fund Act" to the new "Economic Development Fair Competition and Free Enterprise Act"
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Removes a restriction that previously prohibited the State Administrative Board from transferring funds appropriated to the Strategic Outreach and Attraction Reserve Fund or related economic development programs
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Retains the State Administrative Board's authority to employ the chief compliance officer and review compliance reports, with references updated to the new act
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Makes technical and grammatical updates throughout the statute without substantive changes to board powers over state departments and fund transfers
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Takes effect only if Senate Bill No. 631 of the 103rd Legislature is enacted into law (tie bar provision)
Legislative Description
Economic development: other; 1921 PA 2; amend to reflect elimination of the Michigan strategic fund. Amends secs. 2b & 3 of 1921 PA 2 (MCL 17.2b & 17.3). TIE BAR WITH: SB 0631'25
Economic development: other
Last Action
Referred To Committee On Government Operations
10/30/2025