2023 House Bill 5049

Economic development: other; economic incentives to certain foreign countries and entities; prohibit.

A bill to amend 1984 PA 270, entitled “Michigan strategic fund act,” (MCL 125.2001 to 125.2094) by adding section 7c.

AI Analysis – Experimental

This bill proposes an amendment to the 1984 Michigan Strategic Fund Act (MCL 125.2001 to 125.2094) by adding section 7c, which prohibits the Michigan Strategic Fund from providing grants, loans, or any other form of economic assistance to the People's Republic of China or the Chinese Communist Party.

Introduced in the House

Sept. 26, 2023

Introduced by Reps. Matt Hall (R-42) and Tom Kunse (R-100)

Referred to the Committee on Government Operations