2025 House Bill 4241

Economic development: other; economic incentives to certain foreign countries; prohibit.

A bill to amend 1984 PA 270, entitled “Michigan strategic fund act,” (MCL 125.2001 to 125.2094) by adding section 7c.

AI Analysis – Experimental

The bill amends the Michigan Strategic Fund Act to prevent economic incentives from being granted to foreign entities, requiring affidavits from recipients to confirm their status, and mandates the creation of rules to enforce these provisions.

Introduced in the House

March 13, 2025

Introduced by Rep. Mike Hoadley (R-99) and 16 co-sponsors

Co-sponsored by Reps. Ann Bollin (R-49), Angela Rigas (R-79), David Martin (R-68), Jay DeBoyer (R-63), Matt Maddock (R-51), Cameron Cavitt (R-106), Jaime Greene (R-65), Tom Kunse (R-100), Gregory Alexander (R-98), Timothy Beson (R-96), Jennifer Wortz (R-35), Nancy Jenkins-Arno (R-34), Joseph Fox (R-101), Luke Meerman (R-89), Rachelle Smit (R-43) and William Bruck (R-30)

Referred to the Committee on Government Operations

March 26, 2025

Reported without amendment

Referred to the Committee on Rules