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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SB631 • 2026

Economic development: Michigan strategic fund; Michigan strategic fund; eliminate, and create the economic development fair competition and free enterprise act. Creates new act & repeals (See bill).

Economic development: Michigan strategic fund; Michigan strategic fund; eliminate, and create the economic development fair competition and free enterprise act. Creates new act & repeals (See bill).

Active

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

Sponsor
Thomas A. Albert (District 18), Joseph N. Bellino Jr. (District 16), Jim Runestad (District 23), Jonathan Lindsey (District 17), Roger Victory (District 31)
Last action
2025-10-30
Official status
REFERRED TO COMMITTEE ON GOVERNMENT OPERATIONS
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; Michigan strategic fund; eliminate, and create the economic development fair competition and free enterprise act. Creates new act & repeals (See bill).

Economic development: Michigan strategic fund; Michigan strategic fund; eliminate, and create the economic development fair competition and free enterprise act.

What This Bill Does

  • Economic development: Michigan strategic fund; Michigan strategic fund; eliminate, and create the economic development fair competition and free enterprise act.
  • Creates new act & repeals (See bill).

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. 2025-10-30 SJ 100 Pg. 1690

    INTRODUCED BY SENATOR THOMAS ALBERT

  2. 2025-10-30 SJ 100 Pg. 1690

    REFERRED TO COMMITTEE ON GOVERNMENT OPERATIONS

Official Summary Text

Economic development: Michigan strategic fund; Michigan strategic fund; eliminate, and create the economic development fair competition and free enterprise act. Creates new act & repeals (See bill).