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MI HB5675

MI HB5675
Economic development: Michigan strategic fund; investigation regarding the feasibility of developing and operating a virtual small business facilitator; require. Amends 1984 PA 270 (MCL 125.2001 - 125.2094) by adding sec. 15.


summary

Introduced
04/25/2024
In Committee
04/25/2024
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

102nd Legislature

Bill Summary

A bill to amend 1984 PA 270, entitled"Michigan strategic fund act,"(MCL 125.2001 to 125.2094) by adding section 15.

AI Summary

This bill requires the Michigan Strategic Fund, in conjunction with the Department of Licensing and Regulatory Affairs and the Department of Treasury, to investigate the feasibility of developing and operating a virtual small business facilitator. This facilitator would help users identify legal entities for their business, assist with state compliance issues and licensing, and link to other business startup resources. The fund must contract with third-party vendors to investigate the feasibility of this virtual facilitator and report its findings to the governor and legislature by October 1, 2025.

Committee Categories

Government Affairs

Sponsors (25)

Last Action

Bill Electronically Reproduced 04/25/2024 (on 04/30/2024)

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