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Bill > SB0541
MI SB0541
MI SB0541Military affairs: other; Michigan National Guard member benefit fund; create. Creates new act. TIE BAR WITH: SB 540'25, SB 542'25
summary
Introduced
09/11/2025
09/11/2025
In Committee
09/26/2025
09/26/2025
Crossed Over
09/25/2025
09/25/2025
Passed
Dead
Introduced Session
103rd Legislature
Bill Summary
A bill to create the Michigan National Guard member benefit fund; and to provide for the administration of and distributions from the fund.
AI Summary
This bill establishes the Michigan National Guard member benefit fund, a new state treasury account designed to support Michigan National Guard members. The fund will receive money and assets from any source, with the state treasurer responsible for depositing and investing these funds. Any money in the fund will not revert to the general fund at the end of the fiscal year, ensuring continuous financial support. The Department of Military and Veterans Affairs will administer the fund and can only spend money from it, upon appropriation, to support two specific acts: the Michigan National Guard tuition assistance act and the Michigan National Guard child care assistance act. The bill will only take effect if two related Senate Bills (No. 540 and No. 542) are also enacted into law. By creating this dedicated fund, the legislation aims to provide targeted financial assistance to Michigan National Guard members, potentially helping them with educational expenses and childcare costs.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Referred To Committee On Appropriations (on 09/26/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://legislature.mi.gov/Bills/Bill?ObjectName=2025-SB-0541 |
| Fiscal Note/Analysis - House: Summary as Passed by the Senate | https://legislature.mi.gov/documents/2025-2026/billanalysis/House/pdf/2025-HLA-0540-M0Q2ZXSJ.pdf |
| BillText | https://legislature.mi.gov/documents/2025-2026/billengrossed/Senate/htm/2025-SEBS-0541.htm |
| Fiscal Note/Analysis - Senate: SUMMARY OF DISCHARGED BILL | https://legislature.mi.gov/documents/2025-2026/billanalysis/Senate/pdf/2025-SFA-0540-F.pdf |
| BillText | https://legislature.mi.gov/documents/2025-2026/billintroduced/Senate/htm/2025-SIB-0541.htm |
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