Introduced by Rep. Wayne Schmidt (R) on September 24, 2013, to require the state agency responsible for granting and overseeing selective tax breaks and subsidies granted to particular corporations or developers (the “Michigan Strategic Fund”) to appoint up to 10 “entrepreneurs-in-residence” to help the agency to “improve outreach to small business concerns;” identify inefficient or duplicative “economic development” programs; recommend ways to expand and improve the efficiency of these programs; and more.
Referred to the House Commerce Committee on September 24, 2013.
Reported in the House on February 12, 2014, with the recommendation that the substitute (H-2) be adopted and that the bill then pass.
Substitute offered in the House on May 28, 2014. The substitute passed by voice vote in the House on May 28, 2014.
Amendment offered by Rep. Wayne Schmidt (R) on June 3, 2014, to establish that if enacted the bill will go into effect 90 days afterwards. The amendment passed by voice vote in the House on June 3, 2014.