SB 0664
Economic development: other; Julian-Stille value-added act; amend to reflect elimination of the Michigan strategic fund. Amends sec. 2 of 2000 PA 322 (MCL 285.302). 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 modifies the Julian-Stille Value-Added Act to eliminate the Michigan Strategic Fund. It establishes an agricultural value-added grant program designed to support projects that enhance the value of agricultural products and related production operations within Michigan. The program includes a joint evaluation committee to assess grant proposals and a low-interest loan program to further incentivize value-added agriculture. It also addresses potential conflicts of interest for committee members and establishes rules for the grant application and administration process.
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Primary sponsor
Thomas A. Albert
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