SB 0639
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
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Bill overview
This bill modifies the Michigan Administrative Board’s powers and duties, primarily by removing references to the Michigan Strategic Fund. Specifically, it amends sections 2b and 3 of the 1921 PA 2, which previously granted the board authority related to the Strategic Fund and other economic development programs. The bill also clarifies restrictions on the board’s ability to transfer funds and oversee state departments, boards, and institutions, excluding certain funds related to strategic initiatives.
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Primary sponsor
Thomas A. Albert
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