State agencies (existing): technology, management, and budget; statewide strategic tariff response plan; require department to prepare and publish. Creates new act.
Impact
The implications of HB5638 are significant for state agencies as it formalizes a requirement for coordinated action regarding tariffs. This could involve a comprehensive evaluation of how tariffs affect different sectors within the state government, ensuring that all executive branches are aligned in their approach to tariff-related challenges. The bill could promote transparency and efficiency in how Michigan responds to tariff fluctuations, ultimately influencing the state's budget decisions and financial planning processes.
Summary
House Bill 5638 mandates the Department of Technology, Management, and Budget to develop a statewide strategic tariff response plan for all executive branch departments and agencies. The bill outlines that the plan must be prepared and published by August 31, 2025. It establishes a framework for responding effectively to tariff changes that could impact state operations. The emphasis on a strategic response suggests that the state is preparing to manage economic shifts that may arise from changes in federal or international trade policies.
Contention
One notable point of contention around HB5638 could arise from discussions about how effectively state agencies are currently managing tariff impacts. Some stakeholders may argue that a centralized response plan may not take into account unique challenges faced by different departments. Additionally, concerns could be raised regarding the allocation of resources necessary to develop and maintain this strategic plan, as well as the timeline set for its completion.
Legislature: reports; reports that state agencies provide to the legislature; require the department of technology, management, and budget to publish on a website. Amends 1984 PA 431 (MCL 18.1101 - 18.1594) by adding sec. 274.