2023 House Bill 4882

AI Analysis – Experimental

This bill proposes an amendment to the Michigan Strategic Fund Act of 1984 by adding section 7c, which prohibits the fund from providing grants, loans, or other economic assistance to adversarial entities. Adversarial entities are defined as those included on the Entity List published by the Bureau of Industry and Security under the U.S. Department of Commerce, individuals who have sworn loyalty to such entities, governmental entities of nonmarket economy countries or state sponsors of terrorism, and individuals who have sworn loyalty to such governmental entities.