2024 House Bill 5959

Economic development: Michigan strategic fund; compliance with the Uyghur Forced Labor Prevention Act; provide for.

A bill to amend 1984 PA 270, entitled “Michigan strategic fund act,” by amending section 4 (MCL 125.2004), as amended by 2020 PA 358, and by adding section 7c.

Official record

AI Analysis – Experimental

The bill amends the Michigan Strategic Fund Act to expand the scope of economic development projects and restricts financial assistance to entities on the UFLPA Entity List, requiring reimbursement and penalties for non-compliance, while also addressing financial allocations related to the Flint Water Cases settlement.

Introduced in the House

Sept. 26, 2024

Introduced by Rep. Bryan Posthumus (R-90) and 12 co-sponsors

Co-sponsored by Reps. Tom Kunse (R-100), Matt Bierlein (R-97), Angela Rigas (R-79), Ken Borton (R-105), Bill Schuette (R-95), Gregory Alexander (R-98), Brian BeGole (R-71), Joseph Fox (R-101), Ann Bollin (R-49), Luke Meerman (R-89), Jay DeBoyer (R-63) and William Bruck (R-30)

Referred to the Committee on Government Operations