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Governor Snyder signed Executive Order 2012-9 on June 26, 2012 abolishing the MEGA Board and transferring the various responsibilities of the MEGA to the Michigan Strategic Fund effective August 25, 2012. The MSF board has the following responsibilities:
The Michigan Strategic Fund meets monthly in Lansing and continues to help fuel new economic activity across Michigan, strengthening our communities and creating good jobs for our residents.
An 11-member board has statutory authority to direct state appropriations to support business development, community development, talent enhancement and state marketing activities, including the promotion of tourism, film industry, arts and cultural affairs.
On December 31, 2018, the U.S. Department of Treasury published final regulations amending the public approval requirements for tax-exempt private activity bonds. The Tax Equity and Fiscal Responsibility Act of 1982 ("TEFRA") provided for public notice, hearing and approval requirements set forth in Section 147(f) of the internal revenue code of 1986, as amended. The TEFRA Requirements must be satisfied as a precondition to the issuance of tax exempt private activity bonds, including exempt facility bonds and qualified 50l(c)(3) bonds. The Final TEFRA Regulations apply to all tax-exempt private activity bonds issued on or after April 1, 2019, by the Michigan Finance Authority, Michigan State Housing Development Authority, and Michigan Strategic Fund.
All meetings are held at the MEDC Lansing Office, Lake Michigan Conference Room, at 10:00 a.m. unless otherwise noted.
This MSF Board Meeting will be held in a hybrid meeting format to allow for in-person attendance at the principal office location, the MEDC building located at 300 North Washington Square, Lansing, MI 48913, as well as optional attendance remotely.
To join the meeting virtually through Zoom, use:
Dial-in: (312) 626-6799
Meeting ID: 810 3976 1790
For those who would like to make a public comment, you may now register prior to the meeting by clicking on the button below. The meeting moderator will call on the last 4 digits of your phone number to signal your turn to speak. All comments should be kept to three minutes or less. You may also email your public comments directly to the board liaison at firstname.lastname@example.org.
Please Note: Pre-registration is not required to provide public comment at the board meeting. Members of the public may address the Board during the public comment portion without submitting a request online. A member of the public who submits written public comments via email is not precluded from also speaking during the public comment period of the board meeting.
If any person with a disability needs accommodations to participate in this meeting, please contact Katelyn Wilcox Surmann at (517) 899-9070 at least one day prior to the meeting.
*Special meeting scheduled
**Meeting time changed to 8:30 a.m.
***Combined November/December Meeting
Please submit all FOIA requests to email@example.com. For more information, please read the MSF Freedom of Information Act policies and procedure document.