MI SB0762

Appropriates $100.00 for community college operations for fiscal year ending September 30, 2015, representing a zero budget as a placeholder measure.

Changes appropriation fiscal year from 2014 to 2015 and updates payment distribution timeline to begin October 16, 2014, with July and August 2015 payments accrued to colleges' fiscal year ending June 30, 2015.

Requires community colleges to submit verified Michigan Community Colleges Activities Classification Structure data by November 1, 2014, and longitudinal data system data by the same deadline, or face withholding of monthly installments.

Notifies state budget director must inform House and Senate appropriations subcommittee chairs at least 10 days before withholding funds from any community college for non-compliance with data submission requirements.