Bill > SB0207

This bill establishes the Michigan Veterans Coalition Fund, a new state treasury fund specifically designed to support veterans' programs. The bill defines key terms, including the Michigan Veterans Affairs Agency (the "agency") as the fund's administrator and the Michigan Veterans Coalition Grant Program as the fund's primary purpose. Under the bill, the state treasurer will deposit money and assets from any source into the fund, with any unspent money carrying over from year to year and investment earnings being credited back to the fund. The agency is authorized to spend money from the fund only through legislative appropriation, and the sole purpose of these expenditures is to create and operate the veterans coalition grant program. Importantly, the bill is tied to another piece of legislation (Senate Bill 208) and will only take effect if that companion bill is also enacted into law. This legislation aims to provide a dedicated financial mechanism to support veterans' services and programs in Michigan.

Budget and Finance, Military Affairs and Security

https://legislature.mi.gov/Bills/Bill?ObjectName=2025-SB-0207