Businesses: other; orphaned well partnership program and fund; create for bitcoin mining. Amends secs. 61601, 61603 & 61604 of 1994 PA 451 (MCL 324.61601 et seq.) & adds secs. 61609, 61611, 61613, 61615, 61617, 61619 & 61621.

HB 4512 establishes a program allowing bitcoin mining companies to partner with Michigan to plug abandoned oil and gas wells. Companies bid to temporarily use residual oil or gas from these wells to power bitcoin mining operations, with the state covering costs through its existing orphan well fund. Bidders must submit detailed plans including startup costs, mining projections, and repayment schedules. This directly affects the state's well remediation fund and bitcoin mining businesses seeking to utilize abandoned well resources.