The bill amends the Michigan Vehicle Code by adding a new section, 697c, which prohibits dealers or distributors from selling, offering for sale, or operating vehicles designed, developed, or manufactured by a "foreign entity of concern." Violators of this provision would face a civil fine of up to $50,000 per violation, and vehicles sold or owned in violation of this section would be subject to seizure and forfeiture.

The term "foreign entity of concern" is defined in the bill to include various categories, such as organizations designated as foreign terrorist entities, those on the U.S. Treasury's list of blocked persons, and entities controlled by governments of specific countries, including China, Russia, Iran, North Korea, Cuba, Venezuela, and Syria. The bill aims to enhance national security by restricting the sale of vehicles associated with these foreign entities. The act will take effect 90 days after being enacted into law.

Statutes affected:
House Introduced Bill: 257.1, 257.923