WeVote
Log In

Bill

Bill

SB 27

Economic development: Michigan strategic fund; procurement technical assistance center (PTAC); update to APEX Accelerator. Amends sec. 2 of 2006 PA 317 (MCL 125.1972).

2025-2026 Regular Session Introduced by Veronica Klinefelt

SB 27 updates Michigan's Strategic Fund law to modify procurement assistance and accelerator programs supporting small business development and government contracting access.

referred to second reading
#economicdevelopment:michiganstrategicfund
0
WeVote Research Nonpartisan
Bill Summary · SB 27

Legislative bill overview

SB 27 amends Michigan's 2006 Strategic Fund law to update provisions related to the Procurement Technical Assistance Center (PTAC) and the APEX Accelerator program. The bill modifies how these economic development programs operate within the Michigan Strategic Fund framework.

Why is this important

PTACs help small businesses navigate government contracting processes, while accelerator programs support early-stage entrepreneurship. These updates could affect how Michigan allocates resources to support business growth, particularly for small and emerging companies seeking federal contracts or startup funding.

Potential points of contention

  • Limited public information: The bill summary doesn't specify what changes are being made to PTAC or APEX, making it difficult to assess whether the amendments strengthen or reduce support for these programs
  • Resource allocation priorities: Any modifications to funding mechanisms or program structure could shift resources between different types of business support
  • Implementation details: The amendment's effectiveness depends on how new provisions are operationalized, which may not be apparent from the statutory language alone

Compiled from official sources — confirm details with the bill’s official record.

Sign in to ask a question.