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MI SB0200

MI SB0200
Appropriations: higher education; appropriations for fiscal year 2023-2024; provide for. Amends secs. 236 & 241 of 1979 PA 94 (MCL 388.1836 & 388.1841).


summary

Introduced
03/15/2023
In Committee
05/16/2023
Crossed Over
05/16/2023
Passed
Dead
12/31/2024

Introduced Session

102nd Legislature

Bill Summary

A bill to amend 1979 PA 94, entitled"The state school aid act of 1979,"by amending sections 236 and 241 (MCL 388.1836 and 388.1841), section 236 as amended by 2022 PA 212 and section 241 as amended by 2022 PA 144.

AI Summary

This bill appropriates funds for higher education for the fiscal year 2023-2024, with a total adjusted gross appropriation of $100.00, funded by $50.00 from other state restricted revenues and $50.00 from the State General Fund/General Purpose money. * The bill appropriates $100.00 for public universities, with the funding distributed in 11 equal monthly installments starting October 16, 2023. * Public universities are required to submit higher education institutional data inventory (HEIDI) data and financial aid program information by specific deadlines. Failure to comply may result in withheld payments. * Payments for July and August 2024 for all public universities, except Wayne State University, will be accrued to their institutional fiscal year ending June 30, 2024.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred To Conference Committee (on 06/07/2023)

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