Monday, May 1, 2017

Johnson Legislation Would End Crony Capitalism From The Michigan Strategic Fund

State Rep. Steven Johnson, right, with Congressman Amash

By Brandon Hall
(Email Him At

Freshman State Rep. Steven Johnson has quickly gained a reputation as a Conservative fighter among grassroots circles, and now he's taking the fight to the crony capitalism pushed out by the Michigan Strategic Fund.

According to a press release:

"State Rep. Steve Johnson (has) introduced legislation to repeal the Michigan Strategic Fund Act.
“Programs such as art and cultural grants as well as business and tourism attraction can be more efficiently run by private sector coalitions than by state government,” said Johnson, R-Wayland. “Repealing the Michigan Strategic Fund Act would free up money for projects such as road funding, or a well-deserved income tax reduction for Michigan residents.”

The release notes that the "Michigan Strategic Fund (MSF) was established in 1984 for the purpose of promoting economic development across Michigan. Since then, the MSF’s role has changed and expanded in many ways beyond what the scope of a governmental agency should be, Johnson said. In the 2016-17 budget, $251 million overall was appropriated for MSF programs...
Earlier this week, the Michigan Strategic Fund Board allowed a southeast Michigan steel company to inherit a tax credit that was originally awarded to a different company. Johnson said this recent example clearly demonstrates why state programs such as the Michigan Strategic Fund should not be involved in picking winners and losers through the use of taxpayer-funded credits and incentives."
Johnson's bill is a whopping one sentence long... :)
"Enacting section 1. The Michigan strategic fund act, 1984 PA 270, MCL 125.2001 to 125.2094, is repealed."

Stay tuned!
Brandon Hall is a lifelong political nerd from Grand Haven, and is the Managing Editor of West Michigan Politics.

>>>Email him at

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