State agencies (existing): technology, management, and budget; statewide strategic tariff response plan; require department to prepare and publish. Creates new act.

The bill requires the Michigan Department of Technology, Management, and Budget to create and publish a statewide plan to respond to tariffs. This plan aims to help state agencies manage the economic impacts of tariffs on goods and services. Essentially, it is about preparing the state to handle changes in trade policies effectively.

Supporters of the bill would argue that it is a proactive step towards protecting Michigan's economy from the uncertainties of tariffs. By having a strategic response plan, the state can better support its businesses and residents, ensuring they are not adversely affected by federal trade decisions.

Critics might contend that the bill represents unnecessary government intervention in economic matters and could lead to increased bureaucracy. They may argue that the focus should be on broader economic policies rather than a specific response to tariffs, which could be seen as reactive rather than proactive.