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 be managed by the Michigan Strategic Fund, which will also oversee the hiring of up to five full-time employees for the Office.

Additionally, the bill outlines the responsibilities of state agencies in relation to the Office, including providing necessary information and coordinating permit issuance. It mandates the Office to submit an annual report detailing its activities and recommendations for improving the state's permitting processes. The bill also ensures that funds allocated to the Business Permitting Support Fund do not lapse at the end of the fiscal year, allowing for continued operation and support of the Office's initiatives.

Statutes affected:
Senate Introduced Bill: 125.2001, 125.2094