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SB 648

Economic development: other; Michigan military act; amend to reflect elimination of the Michigan strategic fund. Amends sec. 337 of 1967 PA 150 (MCL 32.737). TIE BAR WITH: SB 0631'25

2025-2026 Regular Session Introduced by Thomas Albert and 1 co-sponsor

SB 648 removes Michigan Strategic Fund references from state law following the fund's elimination, requiring coordination with companion legislation SB 631.

REFERRED TO COMMITTEE ON GOVERNMENT OPERATIONS
#economicdevelopment:other
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Bill Summary · SB 648

Legislative bill overview

SB 648 amends Michigan law to remove references to the Michigan Strategic Fund, which has been eliminated. The bill updates Section 337 of the 1967 Public Act 150 to reflect this organizational change and is tied to companion legislation SB 631.

Why is this important

The Michigan Strategic Fund was a state economic development tool, so this update removes outdated statutory language that references a non-existent entity. Cleaning up such references prevents confusion in how state economic development law is interpreted and administered, though the practical impact depends on what replaces the Fund's functions.

Potential points of contention

  • Loss of economic development capacity: Eliminating the Strategic Fund may reduce Michigan's dedicated economic development resources unless replaced by alternative mechanisms (addressed in the tied bill SB 631)
  • Transition details unclear: The bill itself only removes references without explaining what happens to the Fund's existing responsibilities, assets, or programs
  • Scope of companion legislation: The tie to SB 631 suggests significant restructuring, but voters cannot assess full impact without understanding both bills together

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

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