PTAC; UPDATE TO APEX ACCELERATOR S.B. 481:

SUMMARY OF INTRODUCED BILL

IN COMMITTEE

 

 

 

 

 

 

 

Senate Bill 481 (as introduced 9-12-23) (Senate-passed version)

Sponsor: Senator Veronica Klinefelt

Committee: Economic and Community Development

 

Date Completed: 2-13-24

 


CONTENT

 

The bill would amend Public Act 317 of 2006, which establishes certain entities in the Michigan Strategic Fund, including the Michigan Defense Center, to update references to procurement technical assistance centers (PTACs) to APEX Accelerators.

 

MCL 125.1972

 

BACKGROUND

 

Generally, PTACs provide small businesses with no-cost advising on all aspects of government contracting, including selling to Federal, state, and local governments and fulfilling contracts. The United States Department of Defense (DoD) partially funds PTACs. In December 2022, the DoD and the Small Business Administration signed a memorandum of understanding that transitioned the program from the DoD's Defense Logistics Agency to its Office of Small Business Programs.[1] Additionally, PTACs were renamed APEX Accelerators. There are eleven APEX Accelerators in Michigan, including one serving the Upper Peninsula and four in the Detroit Tri-County Area.[2]

 

Legislative Analyst: Abby Schneider

 

FISCAL IMPACT

 

The bill would have no fiscal impact on State or local government.

 

Fiscal Analyst: Cory Savino, PhD

This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.

 



[1] Ellis, Stephanie, "Goodbye PTAC, Hello APEX Accelerators", SmallGovCon, Koprince McCall Pottroff LLC, December 12, 2022.

[2] For a map of these locations and more information, see https://www.apexaccelerators.us/.

 

SAS\S2324\s481sa

This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.