2024 Senate Bill 1116

Economic development: other; strategic and operational advisory board; create, and provide for the development of strategic and operational plans.

A bill to amend 1984 PA 270, entitled “Michigan strategic fund act,” (MCL 125.2001 to 125.2094) by amending the title, as amended by 2005 PA 225, and by adding section 9c.

AI Analysis – Experimental

The bill amends the Michigan Strategic Fund Act to create a Strategic and Operational Advisory Board responsible for developing and annually updating comprehensive plans for statewide economic development, with progress reports due each May.

Introduced in the Senate

Nov. 14, 2024

Introduced by Sen. Mallory McMorrow (D-8) and six co-sponsors

Co-sponsored by Sens. John Damoose (R-37), Jeff Irwin (D-15), Dayna Polehanki (D-5), Stephanie Chang (D-3), Sue Shink (D-14) and Mary Cavanagh (D-6)

Referred to the Committee on Economic and Community Development

Dec. 10, 2024

Reported with substitute S-1

Dec. 11, 2024

Referred to the Committee of the Whole

Dec. 13, 2024

Reported with substitute S-1

Substitute S-1 concurred in by voice vote

Failed in the Senate 19 to 13 (details)

Motion to reconsider by Sen. Sam Singh (D-28)

Consideration postponed