State management: funds; safeguarding tomorrow revolving loan fund; create. Amends 1976 PA 390 (MCL 30.401 - 30.421) by adding sec. 19a. TIE BAR WITH: HB 5964’26
Key claim: Michigan HB 5964 would create a Safeguarding Tomorrow revolving loan fund under the Emergency Management Act to finance local natural-hazard mitigation projects.
Abstract
(HB5964 · 103rd Legislature) State management: funds; safeguarding tomorrow revolving loan fund; create. Amends 1976 PA 390 (MCL 30.401 - 30.421) by adding sec. 19a. TIE BAR WITH: HB 5964’26 Sponsor: Rep. Mike Mueller ® In committee: H Appropriations Latest action (2026-05-14): Bill Electronically Reproduced 05/13/2026
Why this matters
A state Safeguarding Tomorrow revolving loan fund would give Michigan local governments a dedicated low-interest financing channel for pre-disaster mitigation of floods, storms, and other natural hazards — infrastructure investments that typically struggle to compete with reactive repair spending. It also formalizes Michigan’s plumbing for drawing down federal STORM Act capitalization, tying state emergency-management law to long-term infrastructure resilience funding.