Michigan Senate Bill SB0267

Michigan 2025-2026 Regular Session

• Introduced: 4/29/25
• Refer: 4/29/25

Caption

State agencies (proposed): boards and commissions; Michigan-African-Caribbean trade commission; establish. Creates new act.

Impact

Should this bill be enacted, its most substantial impact would be on Michigan's international trade framework, as it establishes a structured approach to harnessing partnership opportunities with African and Caribbean nations. By facilitating trade and investment, the commission will also likely influence job creation and economic growth in Michigan. Additionally, it will address state-level economic diversification through the incorporation of strategic sectors like advanced manufacturing and digital innovation.

Summary

Senate Bill 267 proposes the formation of the Michigan-African-Caribbean trade commission under the Michigan Economic Development Corporation. This commission is designed to enhance trade relations and economic partnerships between Michigan and countries in Africa and the Caribbean. It aims to act as a catalyst for international economic development, focusing on market competitiveness through collaborative initiatives in critical minerals, automotive technology, agricultural products, and information technology services. The bill assigns specific duties to the commission, including promoting bilateral trade, establishing job creation initiatives, and fostering business and academic exchanges.

Contention

While the bill advocates for economic development and job creation, some debates may arise regarding the funding and governance of the commission, including how it selects its members and oversees its activities. There may also be concerns about the potential effectiveness of the initiatives, including if the commission can adequately respond to the needs of both Michigan industries and foreign partners. The bill's success will depend on the engagement of various stakeholders, including the local business community and educational institutions, to ensure that the commission's goals align with state interests.