Bill
Bill > HB5505
MI HB5505
MI HB5505Appropriations: higher education; appropriations for fiscal year 2024-2025; provide for. Amends secs. 236 & 241 of 1979 PA 94 (MCL 388.1836 & 388.1841).
summary
Introduced
02/22/2024
02/22/2024
In Committee
05/14/2024
05/14/2024
Crossed Over
05/08/2024
05/08/2024
Passed
Dead
12/31/2024
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 2023 PA 320 and section 241 as amended by 2023 PA 103.
AI Summary
This bill amends the State School Aid Act of 1979 to provide appropriations for higher education in Michigan for the fiscal year ending September 30, 2025. The key provisions are:
1. It appropriates $200.00 for higher education, with $100.00 from other state restricted revenues and $100.00 from state general fund/general purpose money.
2. It removes the detailed appropriations for each public university, the Michigan Public School Employees' Retirement System reimbursement, state and regional programs, the Martin Luther King, Jr. - Cesar Chavez - Rosa Parks program, and various grants and financial aid programs.
3. It changes the timeline for payments to public universities, with the first payment being made on October 16, 2024 and the final two payments accrued to the institutional fiscal year ending June 30, 2025.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Referred To Conference Committee 06/05/2024 (on 06/05/2024)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://legislature.mi.gov/doc.aspx?2024-HB-5505 |
| BillText | https://legislature.mi.gov/documents/2023-2024/billengrossed/House/htm/2024-HEBS-5505.htm |
| Fiscal Note/Analysis - House: Analysis as Passed By The House | https://legislature.mi.gov/documents/2023-2024/billanalysis/House/pdf/2023-HLA-5505-E6F5CB66.pdf |
| BillText | https://legislature.mi.gov/documents/2023-2024/billengrossed/House/htm/2024-HEBH-5505.htm |
| Fiscal Note/Analysis - House: Analysis as Reported From Committee | https://legislature.mi.gov/documents/2023-2024/billanalysis/House/pdf/2023-HLA-5505-B9AD7902.pdf |
| Fiscal Note/Analysis - House: Analysis as Reported From Subcommittee | https://legislature.mi.gov/documents/2023-2024/billanalysis/House/pdf/2023-HLA-5505-B8F6B01E.pdf |
| BillText | http://www.legislature.mi.gov/documents/2023-2024/billintroduced/House/htm/2024-HIB-5505.htm |
Loading...