SB 1009 — Economic development: Michigan strategic fund; allowable use of funds; include small businesses. Amends sec. 9 of 1984 PA 270 (MCL 125.2009) & adds ch. 8F.
Last action — REFERRED TO COMMITTEE ON APPROPRIATIONS
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1Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill has been introduced in the Senate. Introduced May 21, 2026. It must pass committee before a floor vote.
Next likely step: a committee referral and hearing.
Odds of enactment
Low chanceBased on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
In plain language
The bill expands the allowable uses of Michigan strategic fund resources to include small businesses.
This bill amends the Michigan strategic fund act to allow funds to be used for small businesses. It also requires annual reporting on the fund's activities and oversight through audits.
What this means for you
- Small Business: This bill may open new funding opportunities for small businesses through the Michigan strategic fund.
Summary
Economic development: Michigan strategic fund; allowable use of funds; include small businesses. Amends sec. 9 of 1984 PA 270 (MCL 125.2009) & adds ch. 8F.
Bill Text
- Introduced Senate Introduced Bill Current pdf
Action History
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REFERRED TO COMMITTEE ON APPROPRIATIONS
Sponsors
- Sarah Anthony · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 146 not signed on
Sponsors (1)
- Sarah Anthony Democrat
Co-sponsors (0)
None.
Not signed on (146)
146 members have not signed on to this bill.
Show all 146 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does SB 1009 do?
- Economic development: Michigan strategic fund; allowable use of funds; include small businesses. Amends sec. 9 of 1984 PA 270 (MCL 125.2009) & adds ch. 8F.
- Who sponsors SB 1009?
- SB 1009 is sponsored by Sarah Anthony (Democrat).
- What is the current status of SB 1009?
- This bill has been introduced in the Senate. Introduced May 21, 2026. It must pass committee before a floor vote.
- Where can I track SB 1009?
- Track SB 1009 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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