Economic development: other; the management and budget act; amend to reflect elimination of the Michigan strategic fund. Amends sec. 125 of 1984 PA 431 (MCL 18.1125). TIE BAR WITH: SB 0631'25

SB 642 amends Section 125 of Michigan's Management and Budget Act to remove references to the Michigan Strategic Fund, which is being eliminated through companion legislation (SB 631). The bill updates existing provisions about state property use for film production, which previously cited the Strategic Fund's film office. It does not change film production rules or benefits but ensures legal language aligns with the elimination of the Strategic Fund. The amendment affects administrative references in state law but has no direct impact on filmmakers or film production policies. This is a technical correction to reflect current state fund structure, not a substantive policy change.