SB 1191·MI·senate
Economic development: other; mass timber loan and technical assistance programs and mass timber revolving loan fund; create. Amends sec. 9 of 1984 PA 270 (MCL 125.2009) & adds ch. 8F.
In CommitteeFiled Oct 1, 2026
Sponsor: Sam Singh (D)
Latest Action
REFERRED TO COMMITTEE ON ECONOMIC AND COMMUNITY DEVELOPMENT
Oct 1, 2026
Summary
The bill would set up loan and technical assistance programs to help finance mass‑timber projects and would create a revolving loan fund to sustain that financing. It amends the 1984 Public Act 270 and adds a new Chapter 8F to the Michigan Compiled Laws. The goal is to spur economic growth by encouraging the use of mass timber.
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