Michigan Senate Bill SB1117

Michigan 2023-2024 Regular Session

• Introduced: 11/14/24
• Refer: 11/14/24
• Report Pass: 12/11/24
• Refer: 12/11/24
• Report Pass: 12/13/24

Caption

Economic development: other; strategic and operational advisory board; create and provide for the development of strategic and operational plans. Amends 1984 PA 270 (MCL 125.2001 - 125.2094) by adding secs. 9a & 9b. TIE BAR WITH: SB 1116'24

Impact

The establishment of the Strategic and Operational Advisory Board is designed to enhance the effectiveness of strategic planning within the Michigan Strategic Fund. By defining clear roles and responsibilities for board members, which are appointed by the governor, the bill aims to ensure that policy-making is informed by economic expertise and stakeholder representation. This change is expected to facilitate a more organized approach to economic development initiatives, ultimately promoting efficient fund management and alignment with statewide economic goals.

Summary

Senate Bill 1117 amends the Michigan Strategic Fund Act of 1984 by adding provisions related to the establishment of a Strategic and Operational Advisory Board. This board is tasked with developing both a strategic and operational plan that will guide the fund's objectives and initiatives. The bill defines the responsibilities of the advisory board and outlines the composition of its membership, which includes key government officials, representatives from various economic organizations, and academic experts in Michigan economics.

Contention

While proponents argue that SB 1117 will streamline economic strategies in Michigan and foster better collaboration among various sectors, concerns about the potential centralization of decision-making have been raised. Critics express apprehension that the composition of the advisory board may lead to a dominance of business interests and reduce the input from local governments and community stakeholders. The tie bar with Senate Bill No. 1116 adds an additional layer of complexity to the legislative process, implying that the success of SB 1117 hinges on the enactment of related legislation.

Notable_points

Furthermore, the requirement for the advisory board to conduct its business transparently, adhering to the Open Meetings Act, and the stipulation that its communications are subject to the Freedom of Information Act, indicates a push toward accountability in government operations. This could help mitigate some of the concerns regarding oversight and accessibility, allowing for public scrutiny over the board's decision-making processes.