A bill to amend 2018 PA 540, entitled “Economic development incentive evaluation act,” by amending sections 3, 5, and 7 (MCL 18.1753, 18.1755, and 18.1757), and by adding section 7a.
Senate Bill No. 491 enhances the evaluation and transparency requirements for Michigan’s economic development incentives, especially those funded by the SOAR program, by mandating regular, independent assessments and public reporting to ensure accountability and effective use of state resources.
Introduced
by
Referred to the Committee on Economic and Community Development
