SB 1010·MI·senate
Economic development: Michigan strategic fund; office of small business growth; establish. Amends 1984 PA 270 (MCL 125.2001 - 125.2094) by adding ch. 7A.
In CommitteeFiled May 21, 2026
Sponsor: Sarah Anthony
Latest Action
REFERRED TO COMMITTEE ON APPROPRIATIONS
May 21, 2026
Summary
The bill adds Chapter 7A to the Michigan Strategic Fund Act, establishing an Office of Small Business Growth led by a governor‑appointed administrator confirmed by the Senate. The office will run a one‑stop website, provide technical assistance, outreach, and coordinate state programs to help small businesses start, grow, and retain jobs. It also requires the office to collect data and submit an annual report on its activities.
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