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SB558 • 2026

Economic development: Michigan strategic fund; aerospace and defense incentive program; create and administer. Amends title & secs. 7 & 9 of 1984 PA 270 (MCL 125.2007 & 125.2009) & adds sec. 88v.

Economic development: Michigan strategic fund; aerospace and defense incentive program; create and administer. Amends title & secs. 7 & 9 of 1984 PA 270 (MCL 125.2007 & 125.2009) & adds sec. 88v.

Active

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

Sponsor
Veronica Klinefelt (District 11), Michael Webber (District 9), Mark E. Huizenga (District 30), Paul Wojno (District 10)
Last action
2025-09-18
Official status
REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION
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; aerospace and defense incentive program; create and administer. Amends title & secs. 7 & 9 of 1984 PA 270 (MCL 125.2007 & 125.2009) & adds sec. 88v.

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

What This Bill Does

  • Economic development: Michigan strategic fund; aerospace and defense incentive program; create and administer.
  • Amends title & secs.
  • 7 & 9 of 1984 PA 270 (MCL 125.2007 & 125.2009) & adds sec.
  • 88v.

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. 2025-09-18 SJ 79 Pg. 961

    INTRODUCED BY SENATOR VERONICA KLINEFELT

  2. 2025-09-18 SJ 79 Pg. 961

    REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION

Official Summary Text

Economic development: Michigan strategic fund; aerospace and defense incentive program; create and administer. Amends title & secs. 7 & 9 of 1984 PA 270 (MCL 125.2007 & 125.2009) & adds sec. 88v.