2025 Senate Bill 656

Economic development: other; 1961 PA 120; amend to reflect elimination of the Michigan strategic fund.

A bill to amend 1961 PA 120, entitled “An act to authorize the development or redevelopment of principal shopping districts and business improvement districts; to permit the creation of certain boards; to provide for the operation of principal shopping districts and business improvement districts; to provide for the creation, operation, and dissolution of business improvement zones; and to authorize the collection of revenue and the bonding of certain local governmental units for the development or redevelopment projects,” by amending section 10f (MCL 125.990f), as amended by 2023 PA 79.

AI Analysis – Experimental

SB 631-683 is a bill package intended to eliminate the Michigan Economic Development Corporation and reshape Michigan's approach to job creation.

Introduced in the Senate

Oct. 30, 2025

Introduced by Sen. Thomas Albert (R-18)

Referred to the Committee on Government Operations