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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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SB670 • 2026

Economic development: other; financial exploitation prevention act; amend to reflect elimination of the Michigan strategic fund. Amends sec. 3 of 2020 PA 344 (MCL 487.2083). TIE BAR WITH: SB 0631'25

Economic development: other; financial exploitation prevention act; amend to reflect elimination of the Michigan strategic fund. Amends sec. 3 of 2020 PA 344 (MCL 487.2083). TIE BAR WITH: SB 0631'25

Active

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

Sponsor
Thomas A. Albert (District 18)
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: other; financial exploitation prevention act; amend to reflect elimination of the Michigan strategic fund. Amends sec. 3 of 2020 PA 344 (MCL 487.2083). TIE BAR WITH: SB 0631'25

Economic development: other; financial exploitation prevention act; amend to reflect elimination of the Michigan strategic fund.

What This Bill Does

  • Economic development: other; financial exploitation prevention act; amend to reflect elimination of the Michigan strategic fund.
  • Amends sec.
  • 3 of 2020 PA 344 (MCL 487.2083).
  • TIE BAR WITH: SB 0631'25

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. 1695

    INTRODUCED BY SENATOR THOMAS ALBERT

  2. 2025-10-30 SJ 100 Pg. 1695

    REFERRED TO COMMITTEE ON GOVERNMENT OPERATIONS

Official Summary Text

Economic development: other; financial exploitation prevention act; amend to reflect elimination of the Michigan strategic fund. Amends sec. 3 of 2020 PA 344 (MCL 487.2083). TIE BAR WITH: SB 0631'25