2025 Senate Bill 27

Economic development: Michigan strategic fund; procurement technical assistance center (PTAC); update to APEX Accelerator.

A bill to amend 2006 PA 317, entitled “An act to create certain entities in the Michigan strategic fund; to impose certain duties and responsibilities on those entities and on certain state employees and public employees; and to repeal acts and parts of acts,” by amending section 2 (MCL 125.1972), as amended by 2010 PA 337.

AI Analysis – Experimental

The legislation amends the 2006 PA 317 to enhance job creation and retention through the Michigan Defense Center by focusing on homeland security and defense contracts, coordinating with APEX Accelerators, and prioritizing municipalities affected by manufacturing layoffs, while prohibiting the use of state funds for construction and requiring annual reporting from funded entities.

Introduced in the Senate

Jan. 23, 2025

Introduced by Sen. Veronica Klinefelt (D-11)

Referred to the Committee on Economic and Community Development