2023 House Bill 5071

Economic development: other; economic incentives to certain foreign countries; 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

Proposes an amendment to the Michigan Strategic Fund Act of 1984, specifically adding section 7c, which aims to prevent the Michigan Strategic Fund from entering into agreements for economic incentives with foreign entities.

Introduced in the House

Sept. 28, 2023

Introduced by Rep. Mike Hoadley (R-99) and 15 co-sponsors

Co-sponsored by Reps. Jamie Thompson (R-28), Gregory Alexander (R-98), Matt Bierlein (R-97), Luke Meerman (R-89), Jay DeBoyer (R-63), Matt Maddock (R-51), William Bruck (R-30), Gina Johnsen (R-78), Rachelle Smit (R-43), Andrew Fink (R-35), Jaime Greene (R-65), Greg Markkanen (R-110), Cameron Cavitt (R-106), Angela Rigas (R-79) and Tom Kunse (R-100)

Referred to the Committee on Government Operations