A bill to amend 1984 PA 270, entitled “Michigan strategic fund act,” by amending sections 9 and 90j (MCL 125.2009 and 125.2090j), section 9 as amended by 2024 PA 117 and section 90j as added by 2017 PA 109, and by adding chapter 8F; and to repeal acts and parts of acts.
Senate Bill No. 473 establishes the 'More Jobs for Michigan' program to incentivize high-wage job creation and retention through tax capture payments, expands reporting and transparency requirements, and repeals older business incentive statutes, aligning with state economic development and workforce objectives.
Introduced
by
Referred to the Committee on Government Operations
