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MI SB0678
Bill
Status
10/30/2025
Primary Sponsor
Thomas Albert
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AI Summary
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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
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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
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Updates language referencing the federal trade sanctions reform and export enhancement act to include the U.S. Code citation (22 USC 7201 to 7211)
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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