Economic Development Package Proposed

Oct 6, 2023

by Liz Gullett

As MLC’s Communications and Social Media Manager, Liz Gullett keeps clients informed and up-to-date on the goings on in Lansing and the Capitol.

Legislation seeking to modernize and transform Michigan’s largest economic development tool was introduced this week. The proposal transforms the Strategic Outreach and Attraction Reserve (SOAR) Fund into the Make It In Michigan Fund, a community-based approach to economic development.

Key Points:

    • The Make It In Michigan Fund would be comprised of three programs; Michigan 360, the Strategic Site Readiness Fund, and the Critical Industry Program.
    • The proposed fund focuses on long-term success by prioritizing investment opportunities that can withstand changes in the economy and business decisions.
    • 20% of funding would be used for community development.

Next Steps:

    • The bills were referred to the Senate Economic and Community Development Committee.

Related posts:

  1. Five Things We’re Reading
  2. Cocktails to Go Might Be Here to Stay
  3. Unemployment Rate Hits Record Low
  4. Five Things We’re Reading

Michigan Legislative Consultants is a bipartisan lobbying firm based in Lansing, Michigan. Our team of lobbyists and procurement specialists provide a wide range of services for some of the most respected companies in America. For more on MLC, visit www.mlcmi.com or connect with us on LinkedIn and Twitter.

< Back to all posts

Recent Posts

Committee Reports Energy Reforms

Committee Reports Energy Reforms

May 1, 2026 |

This week, the House Energy Committee reported two bills that would reform Michigan’s energy system. Most notably, it repeals the green energy mandates signed into law in 2023. Key Points: House Bills 5710 and 5711 were introduced by Representative Pauline Wendzel...

Senate Moves State Budgets

Senate Moves State Budgets

May 1, 2026 |

This week, the Michigan Senate passed two omnibus budgets providing funding for the upcoming fiscal year, which begins on October 1. Key Points: The Senate continues funding programs such as free school meals for all public K-12 students, Rx Kids, and tax credits for...

Senate Moves Social Media Package

Senate Moves Social Media Package

May 1, 2026 |

This week, legislation named the Kids Over Click package was passed by the Michigan Senate. The bills address the use of social media and certain technologies by minors. Key Points: SBs 757 – 760 were introduced by Senators Darrin Camilleri (D-Trenton), Kevin Hertel...

Michigan Legislative Consultants

Michigan Legislative Consultants
110 W. Michigan Avenue
Suite 500
Lansing, MI 48933
517.372.2560
517.372.0130 fax

1001 Woodward Avenue
Suite 500
Detroit, MI 48226

EXPERTISE
About MLC
Our Services
Our People
Our Work

EXPLORE
Clients
MLC Blog

ENGAGE
Contact Us
Privacy Policy
Terms Of Use

MLC is proud to be the Michigan member of NASL