Bill Text: MI HB5049 | 2023-2024 | 102nd Legislature | Introduced

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Bill Title: Economic development: other; economic incentives to certain foreign countries and entities; prohibit. Amends 1984 PA 270 (MCL 125.2001 - 125.2094) by adding sec. 7c.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Introduced) 2023-09-27 - Bill Electronically Reproduced 09/26/2023 [HB5049 Detail]

Download: Michigan-2023-HB5049-Introduced.html

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HOUSE BILL NO. 5049

A bill to amend 1984 PA 270, entitled

"Michigan strategic fund act,"

(MCL 125.2001 to 125.2094) by adding section 7c.

the people of the state of michigan enact:

Sec. 7c. Notwithstanding anything to the contrary in this act, the fund shall not provide a grant, loan, or other economic assistance to either of the following:

(a) The People's Republic of China.

(b) The Chinese Communist Party.