2023 Senate Bill 520

Economic development: other; SOAR fund; eliminate.

A bill to amend 2000 PA 489, entitled “Michigan trust fund act,” by amending section 2 (MCL 12.252), as amended by 2022 PA 83; and to repeal acts and parts of acts.

Mackinac Center Analysis

Eliminates the SOAR Fund corporate welfare program.

Introduced in the Senate

Sept. 26, 2023

Introduced by Sen. Thomas Albert (R-18) and four co-sponsors

Co-sponsored by Sens. Michele Hoitenga (R-36), Joseph Bellino (R-16), Jonathan Lindsey (R-17) and Lana Theis (R-22)

Referred to the Committee on Economic and Community Development