A bill to launch Michigan’s Economic Golden Age; to establish energy, manufacturing, and agricultural dominance; to phase out the state personal income tax; to enact the most competitive regulatory and litigation environment in the Great Lakes region; to create the Michigan Sovereign Wealth Fund for Generational Americans; to attract talent and reverse population decline; to create the Economic Dominance Authority with strict accountability; and to deliver rising wages, falling taxes, abundant energy, and generational prosperity for the people of Michigan.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Section 1. Short Title.
This act shall be known and may be cited as the “Michigan Golden Age and Economic Dominance Act.”
Section 2. Legislative Findings and Strategic Vision.
The Legislature finds and declares all of the following:
(a) Michigan was once the Arsenal of Democracy and the engine of American industrial prosperity. Decades of high taxes, over-regulation, and policy failure produced decline.
(b) Deliberate, aggressive policy can reverse that decline and propel Michigan into total economic dominance—a new Golden Age of abundance, high-wage employment, energy exports, manufacturing supremacy, and rising family wealth within one generation.
(c) The foundation of this transformation is energy abundance, manufacturing and industrial renaissance, agricultural leadership, a low-tax and low-regulation climate, a sovereign wealth fund that shares prosperity with multi-generational Michigan families, and aggressive talent attraction.
(d) All incentives, funds, and authorities created by this act shall be subject to measurable performance metrics, public dashboards, and sunset or claw-back provisions to prevent permanent bureaucracy.
(e) This act shall be implemented consistent with the Constitution of the United States and the Constitution of the State of Michigan.
Section 3. Definitions.
As used in this act:
(a) “Strategic manufacturing sector” means automobiles and next-generation vehicles, aerospace, defense, semiconductors, pharmaceuticals, heavy machinery, advanced materials, and related supply chains.
(b) “Adversarial nation” means the People’s Republic of China and any other nation designated by the United States as a foreign adversary for supply-chain or investment purposes.
(c) “Authority” means the Economic Dominance Authority created in Section 10.
(d) “Eligible generational household” means a household that meets residency, citizenship, and multi-generational Michigan connection criteria established by the Authority for Sovereign Wealth Fund distributions.
Section 4. Energy Dominance as the Foundation.
(1) The State shall execute a comprehensive Energy Independence-to-Dominance program emphasizing nuclear expansion, responsible development of fossil resources, economic renewables, and grid hardening, with the explicit goal of making Michigan a net energy exporter to the Midwest and beyond.
(2) Abundant, reliable, low-cost power shall be leveraged to attract energy-intensive industries, including advanced manufacturing, secure data infrastructure, battery production under strict American-content and security standards, hydrogen, and advanced materials.
(3) Energy royalty and severance revenues shall be a primary seed source for the Michigan Sovereign Wealth Fund.
Section 5. Michigan Manufacturing and Industrial Renaissance.
(1) The Michigan Manufacturing Act is enacted as follows:
(a) Substantial regulatory relief, accelerated permitting, tax credits, and liability protections shall be available for new and expanded factories in strategic manufacturing sectors.
(b) Enhanced repatriation incentives shall be offered to companies that relocate production from adversarial nations to Michigan and maintain high American and Michigan content.
(c) State support shall be conditioned on measurable job creation, wage levels, and domestic-content commitments, with claw-back authority for non-performance.
(2) The Authority shall coordinate with community colleges, trade schools, and industry to expand vocational and apprenticeship pipelines so that Michigan workers fill these positions first.
Section 6. Agricultural and Rural Supremacy.
(1) The Farm Dominance Initiative shall reduce unnecessary regulations on family farms, expand domestic and export markets, support value-added processing, and protect productive farmland from incompatible over-development.
(2) Michigan shall be positioned as a premier American producer of food, dairy, fruit, and bio-products, with infrastructure and market-access support prioritized for rural communities.
Section 7. Tax Freedom and Regulatory Liberation.
(1) The state personal income tax shall be phased out completely over a period of eight to twelve years, with rate reductions timed to revenue growth generated by energy and manufacturing expansion so that essential services remain funded.
(2) A strict two-for-one regulatory elimination rule is established: for every new regulation of general applicability, two existing regulations of comparable scope shall be identified for repeal or substantial streamlining, subject to legislative oversight.
(3) Right-to-work protections are affirmed and strengthened. Lawsuit reform shall limit frivolous litigation that deters investment and job creation while preserving legitimate claims.
(4) The cumulative goal is the lowest combined cost of living and cost of doing business in the Midwest.
Section 8. Michigan Sovereign Wealth Fund for Generational Americans.
(1) There is created the Michigan Sovereign Wealth Fund, seeded primarily by energy royalties, severance taxes, and a defined share of growth-related revenues.
(2) The Fund shall be professionally managed under fiduciary standards with a long-term investment horizon.
(3) Annual distributions may include direct dividends, homeownership assistance, education savings contributions, and family-support payments to eligible generational households, with the explicit purpose of building a broad, stable middle class and rewarding multi-generational commitment to Michigan.
(4) Eligibility criteria, distribution formulas, and investment policy shall be established by statute and transparent regulation; the Fund shall be prohibited from political or ideological investing.
Section 9. Talent Attraction, Innovation, and Population Growth.
(1) The Michigan Talent Attraction Program shall aggressively recruit skilled workers, engineers, entrepreneurs, and families from high-tax, high-regulation states through targeted marketing, relocation incentives, and streamlined licensing reciprocity.
(2) Education policy shall emphasize trades, STEM, practical skills, civic knowledge, and patriotism.
(3) Pro-family measures—including tax relief for families with children, housing-development incentives near job centers, and related supports—shall be enacted to reverse population loss and encourage higher birth rates among Michigan families.
Section 10. Economic Dominance Authority and Golden Age Metrics.
(1) There is created the Economic Dominance Authority as a streamlined, results-driven coordinating body spanning energy, manufacturing, agriculture, workforce, and the Sovereign Wealth Fund. The Authority shall operate under strict performance metrics, public reporting, and automatic sunset or reauthorization requirements.
(2) The Authority shall maintain a public Golden Age Metrics Dashboard tracking in real time or near-real time:
(a) State GDP growth and per-capita income (target: top-five nationally);
(b) Manufacturing jobs added and wages;
(c) Energy production and net exports;
(d) Net in-migration and population growth;
(e) Tax-burden reductions and Sovereign Wealth Fund size;
(f) Median family wealth and homeownership rates.
(3) Annual reports to the Governor and Legislature shall measure progress toward the ten-to-fifteen-year dominance goals and recommend adjustments.
Section 11. Accountability, Claw-Backs, and Transparency.
All tax credits, grants, and incentives under this act are contingent on verified performance. Non-performance triggers claw-back of benefits. The Authority and recipient companies shall be subject to independent audit. No permanent, unaccountable bureaucracy is authorized.
Section 12. Severability.
If any provision of this act or its application to any person or circumstance is held invalid, the remainder of the act and the application of its provisions to other persons or circumstances shall not be affected.
Section 13. Effective Date.
This act takes effect 90 days after enactment. The Economic Dominance Authority shall be constituted and the initial metrics dashboard operational within 180 days. Income-tax phase-out schedules and Sovereign Wealth Fund capitalization shall begin according to the timelines set in implementing legislation.
Enacting Section.
This act is ordered to take immediate effect.
The Golden Age of Michigan begins now.
Prosperity First. Patriots First. Michigan First.
Energy. Manufacturing. Agriculture. Low Taxes. Sovereign Wealth. Dominance.