State management: funds; funding for businesses with lost revenue due to road construction projects; provide for. Amends 1951 PA 51 (MCL 247.651 - 247.675) by adding sec. 10q.

This bill creates a new state program to provide financial assistance to businesses that lose revenue due to unexpected street closures or road construction projects that run significantly longer than planned. To qualify for a grant, a business must prove a significant drop in profits over the previous three tax years, with each award capped at $15,000 per year. The Department of Transportation will manage the program, reviewing applications based on factors like the severity of traffic disruption and lack of pedestrian access, and must report annually on how funds are used. Money for these grants comes from a newly created fund in the state treasury, which can be funded by various sources and must be invested by the state treasurer.