SB 0560
State management: funds; amendments related to the creation of the revenue sharing trust fund; provide for. Amends title & sec. 2 of 2000 PA 489 (MCL 12.252). TIE BAR WITH: SB 561'25, SB 559'25
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
This bill modifies the Michigan Trust Fund Act to clarify and define several key funds used by the state. Specifically, it updates definitions related to funds like the Community District Education Trust Fund, the Flint Settlement Trust Fund, and the Revenue Sharing Trust Fund. The bill also establishes new definitions for funds such as the 21st Century Jobs Trust Fund and the Michigan Opioid Healing and Recovery Fund. Importantly, the bill’s enactment is contingent upon the passage of Senate Bills 561 and 559.
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