Economic development: other; Michigan trust fund act; amend to reflect elimination of the Michigan strategic fund. Amends secs. 2, 7, 8 & 11 of 2000 PA 489 (MCL 12.252 et seq.) & repeals sec. 4 of 2000 PA 489 (MCL 12.254). TIE BAR WITH: SB 0631'25

Michigan Senate Bill 637 (SB0637) aims to update the Michigan Trust Fund Act to reflect the elimination of the Michigan Strategic Fund. Specifically, it proposes amendments to sections 2, 7, 8, and 11 of 2000 Public Act 489 and the repeal of section 4 of the same act. The bill is tied to Senate Bill 631, which seeks to eliminate the Michigan Strategic Fund and create the Economic Development Fair Competition and Free Enterprise Act. ([legiscan.com](https://legiscan.com/MI/bill/SB0637/2025?utm_source=openai))

As of now, there are no specific media reports available regarding the potential positive reception of Senate Bill 637. However, aligning the Michigan Trust Fund Act with the elimination of the Michigan Strategic Fund could streamline economic development processes and reduce bureaucratic overlap, potentially leading to more efficient resource allocation.

Currently, there are no media reports detailing negative reactions to Senate Bill 637. Nonetheless, the elimination of the Michigan Strategic Fund might raise concerns among stakeholders who rely on its programs and funding, potentially leading to apprehension about the future of certain economic development initiatives.