2025 House Bill 4491

Economic development: other; application process for critical industry program and Michigan strategic site readiness program; revise.

A bill to amend 1984 PA 270, entitled “Michigan strategic fund act,” by amending sections 88s and 88t (MCL 125.2088s and 125.2088t), section 88s as added by 2021 PA 136 and section 88t as added by 2021 PA 134, and by adding section 7c.

AI Analysis – Experimental

Amends the Michigan Strategic Fund Act to enforce merit-based hiring practices and outlines criteria for economic assistance programs, emphasizing transparency and accountability in promoting state economic development.