2023 Senate Bill 522

Economic development: Michigan strategic fund; Michigan strategic site readiness program and critical industry program; eliminate.

A bill to amend 1984 PA 270, entitled “Michigan strategic fund act,” by amending section 9 (MCL 125.2009), as amended by 2021 PA 136; 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