Bill
HB 5652
Economic development: other; funding for the Michigan innovation fund program; provide for. Amends secs. 7, 31 & 33 of 2003 PA 296 (MCL 125.2237 et seq.).
2023-2024 Regular Session
Introduced by Alabas Farhat and 3 co-sponsors
Shifts $60M of MESVIC realized returns to the 21st Century Jobs Trust Fund to seed the Michigan Innovation Fund, with all future returns funneled to the General Fund.
assigned PA 189'24 with immediate effect