Bill
Bill > HB4106
MI HB4106
MI HB4106Appropriations: supplemental; funding for small business payroll; provide for. Creates appropriation act.
summary
Introduced
02/20/2025
02/20/2025
In Committee
02/20/2025
02/20/2025
Crossed Over
Passed
Dead
Introduced Session
103rd Legislature
Bill Summary
A bill to make, supplement, adjust, and consolidate appropriations for various state departments and agencies, the judicial branch, and the legislative branch for the fiscal year ending September 30, 2025; to provide for certain conditions on appropriations; and to provide for the expenditure of the appropriations.
AI Summary
This bill creates a $20 million supplemental appropriation for the Mothering Justice Small Business Assistance Fund within the Michigan Department of Treasury, specifically designed to help small businesses impacted by a recent Supreme Court decision. The bill defines a "small business" as a for-profit, independently owned business with 25 or fewer employees, and establishes that each eligible business can receive up to $20,000 in financial assistance. To qualify for funding, businesses must provide payroll and employee attendance records from the previous two years, which the department will use to assess the potential impact of the Supreme Court decision. The fund is intended to help businesses defray costs related to increasing minimum wage and implementing paid sick leave requirements. The appropriation is designated as a work project, meaning unspent funds will remain available until the project is completed, with a tentative end date of September 30, 2029. The Department of Treasury can spend up to $100,000 of the fund for administrative expenses, and the appropriation comes entirely from the state general fund.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Bill Electronically Reproduced 02/20/2025 (on 02/25/2025)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://legislature.mi.gov/Bills/Bill?ObjectName=2025-HB-4106 |
| BillText | https://legislature.mi.gov/documents/2025-2026/billintroduced/House/htm/2025-HIB-4106.htm |
Loading...