2023 House Bill 4743

Economic development: Michigan strategic fund; Michigan fast track program; create.

A bill to amend 1984 PA 270, entitled “Michigan strategic fund act,” by amending section 9 (MCL 125.2009), as amended by 2021 PA 136, and by adding section 88u.

Mackinac Center Analysis

The bill introduces the Michigan Fast Track Program, designed to expedite economic assistance for businesses in key sectors such as manufacturing, digital media, and research, committing to creating a specified number of jobs. If there are still needs for training after the dozens or so other entities, institutions and programs aren’t working, then the state should probably address why those activities aren’t working rather than pile one more thing on top of that.

Introduced in the House

June 13, 2023

Introduced by Rep. Jason Hoskins (D-18)

Referred to the Committee on Economic Development and Small Business