A bill to amend 1984 PA 270, entitled “Michigan strategic fund act,” by amending section 4 (MCL 125.2004), as amended by 2020 PA 358, and by adding section 7c.
Senate Bill No. 715 amends the Michigan Strategic Fund Act to prohibit state economic assistance to entities on the federal Uyghur Forced Labor Prevention Act Entity List, requiring contract amendments, penalties, and prompt enforcement to ensure state funds are not used to support organizations linked to forced labor.
Co-sponsored by Sens.
Referred to the Committee on Finance, Insurance, and Consumer Protection