Bill > SB0267

This bill establishes the Michigan-African-Caribbean Trade Commission within the Department of Labor and Economic Opportunity, designed to foster economic development and trade relationships between Michigan and African and Caribbean regions. The commission will consist of seven members appointed by the governor, including representatives from higher education, chambers of commerce, diaspora communities, agriculture, mobility sectors, and information technology, with each member serving a two-year term. The commission's primary objectives include advancing bilateral trade and investment, promoting business and academic exchanges, encouraging economic support and infrastructure investment, and facilitating partnerships in key sectors such as critical minerals, automotive technology, agricultural products, and information technologies. The commission will be required to submit annual reports to the governor and legislature detailing trade volume, job creation, business engagement, and partnership developments. Additionally, the bill creates a dedicated Michigan-African-Caribbean Trade Commission Fund, which can receive gifts, grants, and other funding to support the commission's administrative expenses and objectives. The commission is tasked with identifying and supporting initiatives that promote job creation locally and internationally, with a particular focus on establishing local processing facilities, distribution centers, digital platforms, and advanced manufacturing partnerships.

Business and Industry, Government Affairs

https://legislature.mi.gov/Bills/Bill?ObjectName=2025-SB-0267