---
type: "Bill"
title: "Economic development; Michigan strategic fund; good jobs for Michigan program; create. Amends sec. 9 of 1984 PA 270 (MCL 125.2009) & adds ch. 8D."
description: "Economic development; Michigan strategic fund; good jobs for Michigan program; create. Amends sec. 9 of 1984 PA 270 (MCL 125.2009) & adds ch. 8D."
jurisdiction: "us/states/mi"
legislature: "Michigan Legislature"
session: "2017-2018"
identifier: "SB 242"
citation: "Michigan SB 242 (2017-2018)"
classification: ["bill"]
subjects: ["Economic development: Michigan strategic fund"]
status: "enacted"
primary_sponsors: []
version_count: 5
action_count: 30
vote_count: 3
first_action: "2017-03-15T04:00:00+00:00"
last_action: "2017-09-06T04:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/6571ecde-a324-423b-96a5-0878fd84a45c"
source_url: "http://legislature.mi.gov/doc.aspx?2017-SB-0242"
source_hash: "75a534c5b1b0f4a4e897bb8826184b395d13a533df33f4a9561997422838b676"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-mi"]
---

# Michigan SB 242 (2017-2018) — Economic development; Michigan strategic fund; good jobs for Michigan program; create. Amends sec. 9 of 1984 PA 270 (MCL 125.2009) & adds ch. 8D.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **As Passed by the House** (committee substitute) — [source](http://www.legislature.mi.gov/documents/2017-2018/billengrossed/Senate/htm/2017-SEBH-0242.htm)
2. **As Passed by the Senate** (committee substitute) — [source](http://www.legislature.mi.gov/documents/2017-2018/billengrossed/Senate/htm/2017-SEBS-0242.htm)
3. **Public Act** (committee substitute) — [source](http://www.legislature.mi.gov/documents/2017-2018/publicact/htm/2017-PA-0109.htm)
4. **Senate Concurred Bill** (committee substitute) — [source](http://www.legislature.mi.gov/documents/2017-2018/billconcurred/Senate/htm/2017-SCB-0242.htm)
5. **Senate Introduced Bill** (committee substitute) — [source](http://www.legislature.mi.gov/documents/2017-2018/billintroduced/Senate/htm/2017-SIB-0242.htm)

## Votes

- HOUSE AMENDMENT(S) CONCURRED IN ROLL CALL # 323 YEAS 29 NAYS 5 EXCUSED 4 NOT VOTING 0 — **29–5** (pass) · upper
- PASSED ROLL CALL # 96 YEAS 32 NAYS 5 EXCUSED 1 NOT VOTING 0 — **32–5** (pass) · upper
- passed; given immediate effect Roll Call # 260 Yeas 71 Nays 35 — **71–35** (pass) · lower

## Sponsors

- 36 — cosponsor (person)
- Arlan Meekhof — cosponsor (person)
- Curtis Hertel — cosponsor (person)
- Dave Hildenbrand — cosponsor (person)
- David Knezek — cosponsor (person)
- Goeff Hansen — cosponsor (person)
- Jim Stamas — cosponsor (person)
- Kenneth Horn — cosponsor (person)
- Mike Kowall — cosponsor (person)
- Wayne Schmidt — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2017-03-15T04:00:00+00:00** INTRODUCED BY SENATOR JIM STAMAS `introduction`
- **2017-03-15T04:00:00+00:00** REFERRED TO COMMITTEE ON ECONOMIC DEVELOPMENT AND INTERNATIONAL INVESTMENT `referral-committee`
- **2017-03-28T04:00:00+00:00** REPORTED FAVORABLY WITH SUBSTITUTE S-1 `committee-passage`
- **2017-03-28T04:00:00+00:00** COMMITTEE RECOMMENDED IMMEDIATE EFFECT
- **2017-03-28T04:00:00+00:00** REFERRED TO COMMITTEE OF THE WHOLE WITH SUBSTITUTE S-1 `referral-committee`
- **2017-03-28T04:00:00+00:00** REPORTED BY COMMITTEE OF THE WHOLE FAVORABLY WITH SUBSTITUTE S-1 `committee-passage`
- **2017-03-28T04:00:00+00:00** SUBSTITUTE S-1 CONCURRED IN
- **2017-03-28T04:00:00+00:00** PLACED ON ORDER OF THIRD READING WITH SUBSTITUTE S-1
- **2017-03-29T04:00:00+00:00** PASSED ROLL CALL # 96 YEAS 32 NAYS 5 EXCUSED 1 NOT VOTING 0 `passage`
- **2017-03-29T04:00:00+00:00** received on 03/29/2017 `introduction`
- **2017-03-29T04:00:00+00:00** read a first time `reading-1`
- **2017-03-29T04:00:00+00:00** referred to Committee on Tax Policy `referral-committee`
- **2017-06-20T04:00:00+00:00** reported with recommendation with amendment(s) `committee-passage`
- **2017-06-20T04:00:00+00:00** referred to second reading
- **2017-07-12T04:00:00+00:00** read a second time `reading-2`
- **2017-07-12T04:00:00+00:00** amended
- **2017-07-12T04:00:00+00:00** placed on third reading
- **2017-07-12T04:00:00+00:00** placed on immediate passage
- **2017-07-12T04:00:00+00:00** read a third time `reading-3`
- **2017-07-12T04:00:00+00:00** passed; given immediate effect Roll Call # 260 Yeas 71 Nays 35 `passage`
- **2017-07-12T04:00:00+00:00** inserted full title
- **2017-07-12T04:00:00+00:00** returned to Senate
- **2017-07-12T04:00:00+00:00** HOUSE AMENDMENT(S) CONCURRED IN ROLL CALL # 323 YEAS 29 NAYS 5 EXCUSED 4 NOT VOTING 0
- **2017-07-12T04:00:00+00:00** GIVEN IMMEDIATE EFFECT
- **2017-07-12T04:00:00+00:00** FULL TITLE AGREED TO
- **2017-07-12T04:00:00+00:00** ORDERED ENROLLED
- **2017-09-06T04:00:00+00:00** PRESENTED TO GOVERNOR 7/14/2017 @ 2:28 PM `executive-receipt`
- **2017-09-06T04:00:00+00:00** APPROVED BY GOVERNOR 7/26/2017 @ 11:12 AM `executive-signature`
- **2017-09-06T04:00:00+00:00** FILED WITH SECRETARY OF STATE 7/26/2017 @ 1:04 PM
- **2017-09-06T04:00:00+00:00** ASSIGNED PA 0109'17 WITH IMMEDIATE EFFECT

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/6571ecde-a324-423b-96a5-0878fd84a45c`. Confidence: reported (aggregated from official Michigan legislature records).