2024 Senate Bill 855

State: interstate compacts and agreements; incentives to encourage companies to relocate from one state to another; prohibit.

A bill to amend 1984 PA 270, entitled “Michigan strategic fund act,” (MCL 125.2001 to 125.2094) by adding section 15.

Mackinac Center Analysis

Gets Michigan out of the corporate welfare game by joining a compact with other Midwest states where tax dollars are not used to finance projects for specific companies.

Introduced in the Senate

May 1, 2024

Introduced by Sen. Dan Lauwers (R-25)

Referred to the Committee on Economic and Community Development