2025 Senate Bill 558

Economic development: Michigan strategic fund; aerospace and defense incentive program; create and administer.

A bill to amend 1984 PA 270, entitled “Michigan strategic fund act,” by amending the title and sections 7 and 9 (MCL 125.2007 and 125.2009), the title as amended by 2005 PA 225, section 7 as amended by 2020 PA 358, and section 9 as amended by 2024 PA 117, and by adding section 88v.

Official record

Introduced in the Senate

Sept. 18, 2025

Introduced by Sen. Veronica Klinefelt (D-11) and three co-sponsors

Co-sponsored by Sens. Michael Webber (R-9), Mark Huizenga (R-30) and Paul Wojno (D-10)

Referred to the Committee on Finance, Insurance, and Consumer Protection