Industrial Hemp: administration; administration of industrial hemp program; modify. Amends sec. 107 of 2020 PA 220 (MCL 333.29107).

SB 609 creates a dedicated "industrial hemp fund" within Michigan's state treasury to manage fees and funding for the state's industrial hemp program. It specifies that fees from hemp licensing (under Section 511) and other sources must be deposited into this fund, with money carrying over annually instead of lapsing. The bill requires the state Department to administer the fund and use it to operate the hemp program, but sets a clear end date: all remaining funds must transfer to the agriculture licensing fund by October 1, 2026. This bill modifies the financial administration of Michigan's hemp program without changing hemp cultivation rules or directly affecting growers.