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MI SB1271

Bill

Official Source

Status

Introduced

4/21/2010

Primary Sponsor

Samuel Thomas

Click for details

Origin

Senate

95th Legislature

AI Summary

  • Changes Michigan's fiscal year from October 1 - September 30 to July 1 - June 30.

  • Modifies the Michigan Promise Grant Act payment procedures to align with the new fiscal year calendar for grant disbursements to approved postsecondary institutions.

  • Updates references to fiscal year dates throughout the act, including when the department must disburse grant money following eligible academic years.

  • Takes effect only if Senate Bill No. 1281 is enacted into law (tie-bar provision).

Legislative Description

Legislature; other; change in fiscal year; update the Michigan promise grant act. Amends secs. 2 & 8 of 2006 PA 479 (MCL 390.1622 & 390.1628). TIE BAR WITH: SB 1281'10

Higher education, financial aid

Last Action

Referred To Committee On Appropriations

4/21/2010

Committee Referrals

Appropriations4/21/2010

Full Bill Text

No bill text available