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MI SB0651
Bill
Status
10/30/2025
Primary Sponsor
Roger Victory
Click for details
AI Summary
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Amends the Michigan Economic Growth Authority Act to update definitions reflecting the elimination of the Michigan Strategic Fund as a separate entity
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Clarifies that "authority" means the Michigan Economic Growth Authority before August 26, 2012, and the Michigan Strategic Fund (acting per Executive Reorganization Order No. 2012-4) on or after that date
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Creates new Section 3a defining "bureau" as the Bureau of Fair Competition and Free Enterprise, which will assume functions currently held by the Michigan Strategic Fund
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Establishes that references to "Michigan Strategic Fund" will mean the Bureau of Fair Competition and Free Enterprise once the Economic Development Fair Competition and Free Enterprise Act takes effect
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Contains a tie bar provision making this bill's effectiveness contingent on the enactment of Senate Bill No. 631 of the 103rd Legislature
Legislative Description
Economic development: other; Michigan economic growth authority act; amend to reflect elimination of the Michigan strategic fund. Amends sec. 3 of 1995 PA 24 (MCL 207.803) & adds sec. 3a. TIE BAR WITH: SB 0631'25
Economic development: other
Last Action
Referred To Committee On Government Operations
10/30/2025