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MI HB5652

MI HB5652
Economic development: other; funding for the Michigan innovation fund program; provide for. Amends secs. 7, 31 & 33 of 2003 PA 296 (MCL 125.2237 et seq.).

summary

Introduced
04/23/2024
In Committee
12/18/2024
Crossed Over
11/13/2024
Passed
12/31/2024
Dead
Signed/Enacted/Adopted
12/31/2024

Introduced Session

102nd Legislature

Bill Summary

AN ACT to amend 2003 PA 296, entitled ?An act to promote investment in certain businesses; to promote economic development in this state; to provide for a Michigan early stage venture investment corporation; to prescribe the powers and duties of a Michigan early stage venture investment corporation; to prescribe the powers and duties of certain public officers and departments; to establish the Michigan early stage venture investment fund and other funds; to provide for tax credits and incentives; to authorize certain investments; to provide for the expiration of the fund; to provide or allow for appropriations; and to provide penalties and remedies,? by amending sections 7, 31, and 33 (MCL 125.2237, 125.2261, and 125.2263), section 7 as amended by 2015 PA 192 and section 31 as amended by 2015 PA 193.

Committee Categories

Business and Industry, Government Affairs

Sponsors (4)

Last Action

Assigned Pa 189'24 With Immediate Effect (on 12/31/2024)
(2 Companion Bills)

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bill summary

Document Type Source Location
State Bill Page https://legislature.mi.gov/Bills/Bill?ObjectName=2024-HB-5652
BillText https://legislature.mi.gov/documents/2023-2024/publicact/htm/2024-PA-0189.htm
BillText https://legislature.mi.gov/documents/2023-2024/billenrolled/House/htm/2024-HNB-5652.htm
BillText https://legislature.mi.gov/documents/2023-2024/billengrossed/House/htm/2024-HEBS-5652.htm
Fiscal Note/Analysis - Senate: SUMMARY OF BILL REPORTED FROM COMMITTEE https://legislature.mi.gov/documents/2023-2024/billanalysis/Senate/pdf/2023-SFA-5651-F.pdf
Fiscal Note/Analysis - Senate: SUMMARY OF HOUSE-PASSED BILL IN COMMITTEE https://legislature.mi.gov/documents/2023-2024/billanalysis/Senate/pdf/2023-SFA-5651-L.pdf
Fiscal Note/Analysis - House: Analysis as Passed by the House https://legislature.mi.gov/documents/2023-2024/billanalysis/House/pdf/2023-HLA-5651-93249FF8.pdf
BillText https://legislature.mi.gov/documents/2023-2024/billengrossed/House/htm/2024-HEBH-5652.htm
Fiscal Note/Analysis - House: Analysis with Proposed H-2 and H-5 Floor Substitutes https://legislature.mi.gov/documents/2023-2024/billanalysis/House/pdf/2023-HLA-5651-9C840756.pdf
Fiscal Note/Analysis - House: Analysis as Reported and Proposed Floor Substitute https://legislature.mi.gov/documents/2023-2024/billanalysis/House/pdf/2023-HLA-5651-53257FB7.pdf
Fiscal Note/Analysis - House: Analysis as Reported from Committee https://legislature.mi.gov/documents/2023-2024/billanalysis/House/pdf/2023-HLA-5651-EC474CB2.pdf
Fiscal Note/Analysis - House: Summary for Committee https://legislature.mi.gov/documents/2023-2024/billanalysis/House/pdf/2023-HLA-5651-54CADE09.pdf
Fiscal Note/Analysis - House: Summary as Introduced https://legislature.mi.gov/documents/2023-2024/billanalysis/House/pdf/2023-HLA-5651-18567704.pdf
BillText https://legislature.mi.gov/documents/2023-2024/billintroduced/House/htm/2024-HIB-5652.htm
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