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MI SB0678

Bill

Status

Introduced

10/30/2025

Primary Sponsor

Thomas Albert

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Origin

Senate

103rd Legislature

AI Summary

  • Amends the Divestment from Terror Act to replace references to the Michigan Strategic Fund board with the new "bureau of fair competition and free enterprise under the economic development fair competition and free enterprise act" as a fiduciary subject to the act's requirements

  • Makes technical corrections including changing "state employees retirement act" to "state employees' retirement act" and updating a citation from MCL 38.1675 to 38.1674

  • Updates language referencing the federal trade sanctions reform and export enhancement act to include the U.S. Code citation (22 USC 7201 to 7211)

  • Contains a tie bar provision requiring Senate Bill No. 631 of the 103rd Legislature to be enacted into law before this amendatory act takes effect

Legislative Description

Economic development: other; divestment from terror act; amend to reflect elimination of the Michigan strategic fund. Amends sec. 2 of 2008 PA 234 (MCL 129.292). TIE BAR WITH: SB 0631'25

Economic development: other

Last Action

Referred To Committee On Government Operations

10/30/2025

Committee Referrals

Government Operations10/30/2025

Full Bill Text

No bill text available