2023 House Bill 5136

Economic development: other; audit that would identify and return unspent money to the general fund for SOAR projects; require.

A bill to amend 2018 PA 540, entitled “Economic development incentive evaluation act,” by amending section 3 (MCL 18.1753) and by adding section 7a.

Official record

Mackinac Center Analysis

Requires annual audits of the Strategic Outreach and Attraction Reserve (SOAR) program that dispenses corporate welfare. Any unspent money reverts to the general fund.

Introduced in the House

Oct. 12, 2023

Introduced by Rep. Ann Bollin (R-49) and 14 co-sponsors

Co-sponsored by Reps. Sarah Lightner (R-45), Andrew Beeler (R-64), Bryan Posthumus (R-90), Matt Hall (R-42), Ken Borton (R-105), Thomas Kuhn (R-57), Donni Steele (R-54), Cameron Cavitt (R-106), Gregory Alexander (R-98), Mike Hoadley (R-99), Luke Meerman (R-89), Tom Kunse (R-100), William Bruck (R-30) and Jaime Greene (R-65)

Referred to the Committee on Appropriations