MI HB6263

Amends the tuition incentive program in the State School Aid Act by clarifying that the Department of Treasury administers the program and establishing administrative procedures for its operation.

Adds "high school equivalency certificate" to the list of defined terms in the program, referencing the definition in section 4 of the act.

Requires participating institutions to report phase I student graduation rates and Pell grant recipient graduation rates to the P-20 longitudinal data system by October 15 each year.

Institutes a funding withhold: the Department of Treasury cannot award phase I tuition incentive program funding to students at institutions that fail to submit required data to the P-20 longitudinal data system by the October 15 deadline.

Changes mandatory language from "shall" to "must" in provisions regarding graduation rate calculations and other program requirements for consistency in statutory language.