State agencies (existing): treasury; monthly report on fiscal impact of tariffs on the economy of this state; require. Amends sec. 18 of 1941 PA 122 (MCL 205.18).

This bill requires the Michigan Treasury to produce a monthly report on how tariffs affect the state's economy. It aims to provide transparency and insight into the financial impacts of tariffs on businesses and consumers in Michigan. The bill amends existing legislation to ensure this reporting is consistent and regular.

Supporters of the bill argue that it will enhance accountability in government by providing valuable information on the economic effects of tariffs. They believe that regular reporting will help policymakers and the public understand the challenges faced by local businesses and enable better decision-making to support the state's economy.

Critics may argue that the bill adds unnecessary bureaucracy and could divert resources from more pressing economic issues. They might contend that the focus on tariffs is misplaced and that the reports may not provide actionable insights, instead serving as a means for political posturing without tangible benefits.