MI HB5957

Amends the Community College Act of 1966 to redefine "new job" requirements for the new jobs training program, including that compensation must meet either 175% of state minimum wage OR 150% of federal minimum wage plus employer-provided family health benefits.

Establishes a 15% administrative fee on all agreements, with 14% retained by community colleges for administrative costs and 1% paid to the Department of Treasury for a new jobs training administration fund.

Creates the new jobs training administration fund in the state treasury to receive deposits, manage investments, and retain unspent funds without lapsing to the general fund.

Prohibits community college districts from entering into new agreements after December 31, 2018.

Requires community college districts to file agreement copies with the Department of Treasury and establishes employer payment obligations as liens on business property with equal precedence to property taxes.