The bill amends the State School Aid Act of 1979 to update appropriations for public schools and community colleges in Michigan for the fiscal years ending September 30, 2026, and September 30, 2027. It introduces new appropriations of $100.00 from various funds, including the state school aid fund and general fund, while specifying that all available federal funds are appropriated for the fiscal years ending September 30, 2025, 2026, and 2027. Additionally, the bill modifies appropriations for community colleges and higher education, reducing previous amounts to $100.00 and removing specific dollar amounts previously designated for these institutions.

The bill outlines specific funding amounts for various public universities in Michigan for the fiscal year 2025-2026, detailing operational budgets and allocations for programs such as the Michigan Public School Employees' Retirement System (MPSERS) support payment. It includes a provision for an additional allocation of up to $7,600,000.00 from the state school aid fund for participating public universities. Furthermore, the bill allocates a total of $469,500,000.00 for grants and financial aid programs, with stipulations regarding the handling of unspent funds at the end of the fiscal year.

Statutes affected:
House Introduced Bill: 388.1611