Bill
SB 631
Economic development: Michigan strategic fund; Michigan strategic fund; eliminate, and create the economic development fair competition and free enterprise act. Creates new act & repeals (See bill).
2025-2026 Regular Session
Introduced by Thomas Albert and 4 co-sponsors
SB 631 eliminates Michigan's Strategic Fund and replaces it with a new free-enterprise-oriented economic development system, fundamentally restructuring state business incentive programs.
REFERRED TO COMMITTEE ON GOVERNMENT OPERATIONS