HB 5388 Summary

• Changes fiscal year appropriation dates from 2020 to 2021 and from 2021 to 2022 for community college funding under the State School Aid Act of 1979.

• Replaces specific dollar amounts with blank placeholders in Section 201, including the gross appropriation amount, adjusted gross appropriation, and individual allocations to all 28 Michigan community colleges.

• Removes detailed breakdowns of community college operations funding, performance funding, and North American Indian tuition waiver costs that were previously itemized by institution.

• Updates Section 201a to shift the intent language for appropriations from fiscal year 2020-2021 to fiscal year 2021-2022, with the Michigan Public School Employee Retirement System payment amount also replaced with a blank placeholder.

• Maintains the framework for adjusting appropriations based on changes in retirement costs, caseload, federal fund match rates, economic factors, and available revenue as determined by the consensus revenue estimating conference.