The bill amends the Michigan Trust Fund Act by updating its title and Section 2, which defines various trust funds and their purposes. Notably, it introduces new provisions for the creation and administration of certain grant programs, while also clarifying the powers and duties of state officials and local governmental officers. The bill also includes updates to the definitions of several trust funds, such as the addition of the "revenue sharing trust fund" and the "Michigan opioid healing and recovery fund," while modifying the definition of the "Medicaid program" to include a reference to 42 USC 1396w-8.

Additionally, the bill specifies that it will not take effect unless two other bills from the 103rd Legislature are enacted into law. This legislative change aims to enhance the management and allocation of funds within Michigan's trust fund framework, ensuring that various programs and initiatives receive the necessary financial support.

Statutes affected:
Senate Introduced Bill: 12.252