Michigan · 2025-2026 Regular Session · Bill

SB 558: Economic development: Michigan strategic fund; aerospace and defense incentive program; create and administer. Amends title & secs. 7 & 9 of 1984 PA 270 (MCL 125.2007 & 125.2009) & adds sec. 88v.

In committee Last action September 18, 2025: REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION

Plain-language summary

SB 558 is a bill introduced in the Michigan Senate on September 18, 2025. According to its official title, it concerns: Economic development: Michigan strategic fund; aerospace and defense incentive program; create and administer. Amends title & secs. 7 & 9 of 1984 PA 270 (MCL 125.2007 & 125.2009) & adds sec. 88v. Primary sponsor: Veronica Klinefelt (Democratic). It lists 3 additional sponsors. Most recent recorded action (September 18, 2025): REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION.

Sponsors

Primary sponsor: Veronica Klinefelt (Democratic). 3 co-sponsors.