The bill amends the Michigan Strategic Fund Act by adding Chapter 7A, which establishes the Office of Business Permitting Support and the Business Permitting Support Fund. The Office is tasked with assisting Michigan businesses in navigating state permit requirements, streamlining the permitting process, and developing resources to provide relevant permitting information. The fund will operate with a maximum of five full-time employees and will be responsible for creating a website that offers comprehensive guidance for starting and operating a business in Michigan.

Additionally, the bill outlines the responsibilities of state agencies in relation to the Office, requiring them to provide necessary information and coordinate with the Office on permit issuance. The Business Permitting Support Fund will receive appropriations and other assets, with funds remaining available for use in subsequent fiscal years. The Office is also mandated to submit an annual report detailing its activities and recommendations for improving the state's permitting processes to the governor and legislature.

Statutes affected:
Senate Introduced Bill: 125.2001, 125.2094