The bill establishes the Michigan-African-Caribbean Trade Commission within the Michigan Economic Development Corporation, aimed at enhancing international economic development, job creation, and trade between Michigan and regions in Africa and the Caribbean. The commission will focus on strategic cooperation in critical sectors such as minerals, automotive technology, agriculture, and information technology. It will consist of members appointed by the governor, including representatives from higher education, chambers of commerce, and experts from various sectors, with a term of two years for each member. The commission is required to meet quarterly and will operate under the Open Meetings Act and the Freedom of Information Act.

Additionally, the bill creates the Michigan-African-Caribbean Trade Commission Fund, which will receive funds through donations, grants, and other fundraising efforts to support the commission's activities. The commission is tasked with promoting bilateral trade, initiating policy discussions, and encouraging economic support and investment in both Michigan and the targeted regions. It will also report annually on its findings, including trade volume increases and job creation metrics. The commission is authorized to raise funds to minimize administrative expenses and support initiatives that foster job creation through bilateral trade activities.