Michigan · 2025-2026 Regular Session · Bill

SB 488: Economic development: Michigan strategic fund; Michigan strategic site readiness program and critical industry program; eliminate. Amends sec. 9 of 1984 PA 270 (MCL 125.2009) & repeals secs. 88s & 88t of 1984 PA 270 (MCL 125.2088s & 125.2088t). TIE BAR WITH: SB 486'25

In committee Last action July 29, 2025: REFERRED TO COMMITTEE ON ECONOMIC AND COMMUNITY DEVELOPMENT

Plain-language summary

SB 488 is a bill introduced in the Michigan Senate on July 29, 2025. According to its official title, it concerns: Economic development: Michigan strategic fund; Michigan strategic site readiness program and critical industry program; eliminate. Amends sec. 9 of 1984 PA 270 (MCL 125.2009) & repeals secs. 88s & 88t of 1984 PA 270 (MCL 125.2088s & 125.2088t). TIE BAR WITH: SB 486'25. Primary sponsor: Thomas Albert (Republican). Most recent recorded action (July 29, 2025): REFERRED TO COMMITTEE ON ECONOMIC AND COMMUNITY DEVELOPMENT.

Sponsors

Primary sponsor: Thomas Albert (Republican).