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HB5411 • 2026

Economic development: Michigan strategic fund; requirements related to the modification of a grant, loan, or other economic assistance with an existing qualified business; provide for. Amends secs. 9 & 88r of 1984 PA 270 (MCL 125.2009 & 125.2088r).

Economic development: Michigan strategic fund; requirements related to the modification of a grant, loan, or other economic assistance with an existing qualified business; provide for. Amends secs. 9 & 88r of 1984 PA 270 (MCL 125.2009 & 125.2088r).

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Jay DeBoyer (District 63), Dylan Wegela (District 26), Mike Harris (District 52), Mike McFall (District 14), Mike Hoadley (District 99), Matt Maddock (District 51), Jimmie Wilson (District 32), Pat Outman (District 91), Gregory Alexander (District 98), Bryan Posthumus (District 90)
Last action
2025-12-23
Official status
bill electronically reproduced 12/18/2025
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Economic development: Michigan strategic fund; requirements related to the modification of a grant, loan, or other economic assistance with an existing qualified business; provide for. Amends secs. 9 & 88r of 1984 PA 270 (MCL 125.2009 & 125.2088r).

Economic development: Michigan strategic fund; requirements related to the modification of a grant, loan, or other economic assistance with an existing qualified business; provide for.

What This Bill Does

  • Economic development: Michigan strategic fund; requirements related to the modification of a grant, loan, or other economic assistance with an existing qualified business; provide for.
  • Amends secs.
  • 9 & 88r of 1984 PA 270 (MCL 125.2009 & 125.2088r).

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2025-12-23 HJ 118 Pg. 0

    bill electronically reproduced 12/18/2025

  2. 2025-12-18 HJ 117 Pg. 1992

    introduced by Representative Rep. Jay DeBoyer

  3. 2025-12-18 HJ 117 Pg. 1992

    read a first time

  4. 2025-12-18 HJ 117 Pg. 1992

    referred to Committee on Economic Competitiveness

Official Summary Text

Economic development: Michigan strategic fund; requirements related to the modification of a grant, loan, or other economic assistance with an existing qualified business; provide for. Amends secs. 9 & 88r of 1984 PA 270 (MCL 125.2009 & 125.2088r).