The proposed bill establishes the Michigan Defense and Readiness Commission, which will operate under the Department of Military and Veterans Affairs. The commission is tasked with ensuring the stability of Department of Defense resources assigned to Michigan and promoting the placement of additional resources in the state. It will consist of various appointed members, including representatives from the governor's office, legislative leaders, and local chambers of commerce, as well as civic leaders from communities with major military facilities. The commission is required to meet at least once a year, adopt governance rules, and report annually to the legislature on its activities and recommendations.

Additionally, the bill creates the Michigan Defense and Readiness Fund, which will be administered by the Department of Military and Veterans Affairs. The fund will receive appropriations and other contributions to support the commission's work. For the fiscal year ending September 30, 2026, an appropriation of $250,000 from the state general fund is designated for this purpose. The commission will also collaborate with various military and defense entities to develop state and federal defense-related policies and plans.