2025 Senate Bill 486

Economic development: other; SOAR fund; eliminate.

A bill to amend 2000 PA 489, entitled “Michigan trust fund act,” by amending section 2 (MCL 12.252), as amended by 2023 PA 174; and to repeal acts and parts of acts.

AI Analysis – Experimental

Senate Bill No. 486-489 amends the Michigan Trust Fund Act by updating definitions, repealing the section establishing the Strategic Outreach and Attraction Reserve Fund.

Introduced in the Senate

July 29, 2025

Introduced by Sen. Thomas Albert (R-18)

Referred to the Committee on Economic and Community Development