KLS Keeping Law Simple Legislation in plain English

Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

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HB5416 • 2026

Economic development: Michigan strategic fund; grant, loan, award, tax credit, or other economic assistance under the Michigan strategic fund act; implement certain approval process for. Amends sec. 5 of 1984 PA 270 (MCL 125.2005).

Economic development: Michigan strategic fund; grant, loan, award, tax credit, or other economic assistance under the Michigan strategic fund act; implement certain approval process for. Amends sec. 5 of 1984 PA 270 (MCL 125.2005).

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

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Last action
Official status
bill electronically reproduced 12/18/2025
Effective date
Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

  1. Michigan Legislature

    bill electronically reproduced 12/18/2025

Official Summary Text

Economic development: Michigan strategic fund; grant, loan, award, tax credit, or other economic assistance under the Michigan strategic fund act; implement certain approval process for. Amends sec. 5 of 1984 PA 270 (MCL 125.2005).