2024 House Bill 5539

State management: funds; distributions from the strategic outreach and attraction reserve fund; modify.

A bill to amend 2000 PA 489, entitled “Michigan trust fund act,” by amending section 4 (MCL 12.254), as added by 2021 PA 137.

Official record

AI Analysis – Experimental

The bill amends the Michigan Trust Fund Act to manage the Strategic Outreach and Attraction Reserve Fund, ensuring funds remain allocated, mandating merit-based employment practices for fund recipients, and requiring annual reporting on fund activities.

Introduced in the House

March 5, 2024

Introduced by Rep. Joseph Fox (R-101) and 17 co-sponsors

Co-sponsored by Reps. Angela Rigas (R-79), Brian BeGole (R-71), Andrew Beeler (R-64), Rachelle Smit (R-43), Matt Bierlein (R-97), Robert Bezotte (R-50), Gregory Alexander (R-98), Jamie Thompson (R-28), Tom Kunse (R-100), Mike Harris (R-52), Doug Wozniak (R-59), Ken Borton (R-105), Greg Markkanen (R-110), Gina Johnsen (R-78), Jay DeBoyer (R-63), Cameron Cavitt (R-106) and Bryan Posthumus (R-90)

Referred to the Committee on Economic Development and Small Business