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MI SB0752

MI SB0752
Appropriations: 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
03/07/2024
In Committee
05/07/2024
Crossed Over
05/09/2024
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 2023 PA 320 and section 241 as amended by 2023 PA 103.

AI Summary

This bill amends sections 236 and 241 of the State School Aid Act of 1979 to provide appropriations for higher education for the fiscal year ending September 30, 2025. The bill appropriates a total of $200 for higher education, with $100 from other state restricted revenues and $100 from the state general fund/general purpose money. The bill also changes the payment schedule for public universities, with funds being distributed in 11 equal monthly installments beginning on October 16, 2024, and universities accruing their July and August 2025 payments to their institutional fiscal year ending June 30, 2025.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Re-received From Senate With Notice Of Nonconcurrence In House Substitute (h-1) (on 06/06/2024)

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