Bill > HB5088

This bill establishes a fiscal limit on state school aid fund appropriations for community colleges and higher education, capping the total amount at $1,324,000,000 annually beginning in fiscal year 2026. Specifically, the legislation restricts the amount of money that can be drawn from the State School Aid Fund for funding community colleges and higher education programs under the State School Aid Act. If the specified appropriation limit is exceeded in any fiscal year, the bill mandates that general fund/general purpose money must be used to reimburse the State School Aid Fund for the excess amount. The purpose appears to be creating a clear, consistent financial constraint on education funding to help manage state budget allocations and prevent potential overspending. By setting a specific dollar limit and providing a mechanism for reimbursement if that limit is surpassed, the bill aims to introduce more predictability and fiscal discipline into Michigan's educational funding process.

Budget and Finance

https://legislature.mi.gov/Bills/Bill?ObjectName=2025-HB-5088