2023 House Bill 5099

Economic development: Michigan strategic fund; research and development tax credit program report; require the Michigan strategic fund to assist in its preparation.

A bill to amend 1984 PA 270, entitled “Michigan strategic fund act,” by amending section 9 (MCL 125.2009), as amended by 2021 PA 136.

Official record

Introduced in the House

Oct. 5, 2023

Introduced by Rep. Rachel Hood (D-81) and 12 co-sponsors

Co-sponsored by Reps. Jason Hoskins (D-18), Julie Rogers (D-41), Kristian Grant (D-82), Penelope Tsernoglou (D-75), Carrie Rheingans (D-47), Laurie Pohutsky (D-17), Amos O’Neal (D-94), Erin Byrnes (D-15), Joey Andrews (D-38), Jennifer Conlin (D-48), Ranjeev Puri (D-24) and Jasper Martus (D-69)

Referred to the Committee on Economic Development and Small Business

Oct. 24, 2023

Reported without amendment

Oct. 31, 2023

Substitute H-1 offered by Rep. Jason Hoskins (D-18)

The substitute passed by voice vote

Passed in the House 77 to 33 (details)

Motion to give immediate effect by Rep. Abraham Aiyash (D-9)

The motion prevailed by voice vote

Received in the Senate

Nov. 1, 2023

Referred to the Committee of the Whole

March 19, 2024

Reported without amendment

Passed in the Senate 23 to 12 (details)