Bill > SB0200

This bill amends sections 236 and 241 of the State School Aid Act of 1979, which pertain to appropriations for higher education in Michigan. The key changes are: - The total appropriation for higher education in fiscal year 2023-2024 is reduced from $2,016,635,700 to $100, with decreases in federal, state restricted, and general fund revenues. - The detailed allocations to individual public universities for operations, per-student floor funding, operations increases, and North American Indian tuition waivers have been removed. - The appropriations for specific programs like the Martin Luther King, Jr. - Cesar Chavez - Rosa Parks program and various grant and financial aid programs have been eliminated. - The timing of monthly installment payments to public universities and the reporting requirements for higher education data have been updated to reflect the new fiscal year.