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 the African and Caribbean diaspora, 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 be financed through donations, grants, and other fundraising efforts. The fund will support the commission's administrative expenses and initiatives aimed at job creation and trade activities. The commission is tasked with reporting its findings and recommendations annually to the governor and legislature, detailing trade volumes, job creation, and engagement with businesses in Africa and the Caribbean. The commission is also authorized to promote bilateral trade, investment, and cooperation in various sectors, including agriculture and technology, to foster economic growth in Michigan.