SB 0637
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
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
This bill eliminates the Michigan Strategic Fund from the Michigan Trust Fund Act. It amends several sections of the 2000 law (MCL 12.252 et seq.) to reflect this change and repeals a specific section related to the fund. The bill also clarifies definitions related to trust funds and outlines how funds from the 21st Century Jobs Trust Fund will be managed and distributed.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Joseph N. Bellino Jr.
Cosponsor
Thomas A. Albert
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.