HB 4489
State management: funds; distributions from the strategic outreach and attraction reserve fund; modify. Amends sec. 4 of 2000 PA 489 (MCL 12.254).
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill modifies the Michigan Trust Fund Act by clarifying how funds are managed and distributed from the Strategic Outreach and Attraction Reserve Fund. Specifically, it ensures that money in the fund remains available for designated programs focused on economic development and workforce attraction. The bill also outlines specific criteria for how funds can be spent and requires regular reporting on the fund's activities to legislative bodies.
Sponsors
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Primary sponsor
Joseph Pavlov
Cosponsors
Gregory Alexander
Gregory Markkanen
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