Introduced
by
To establish that all money and assets held by a “Michigan Strategic Fund” are declared public money and assets, and like other state receipts, may be spent only as authorized by an appropriation enacted by the Legislature and as provided by law. Also, to redirect $60 million in annual Indian casino revenue now earmarked to this agency to transportation and road funding budgets instead. The “Strategic Fund” is the state government agency that oversees giving taxpayer-funded subsidies to particular corporations and developers selected by its staff and approved by its board of political appointees.
Referred to the Committee on Transportation
