SB 0663
Economic development: other; Michigan strategic fund centers; amend to reflect elimination of the Michigan strategic fund. Amends title & sec. 2 of 2006 PA 317 (MCL 125.1972). TIE BAR WITH: SB 0631'25
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
This bill amends existing legislation to eliminate the Michigan Strategic Fund and transfer the Michigan Defense Center, previously part of that fund, to the Bureau of Fair Competition and Free Enterprise. The Defense Center will focus on supporting job creation and retention in homeland security and defense contracts, particularly for small businesses in communities affected by manufacturing layoffs. It establishes reporting requirements for entities receiving funding from the Defense Center.
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Primary sponsor
Thomas A. Albert
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