HB 4303 Summary

• Appropriates $504,451,700.00 for Michigan community colleges for fiscal year 2023-2024, with $356,262,600.00 for operations and allocations to 28 community colleges.

• Increases retirement contribution offsets to $7,189,000.00 and allocates up to $23,000,000.00 to offset normal cost contribution rates for participating community colleges.

• Allocates $105,800,000.00 for payments to community colleges that are participating entities of the retirement system to address unfunded actuarial liabilities.

• Establishes new reporting requirements including tuition and fee caps (4.5% or $205 maximum increase for in-district students), campus safety information, Title IX compliance certification, and financial transparency through college websites.

• Repeals prior reporting requirements related to the Michigan Reconnect grant program, academic catch-up program, ADN to BSN completion grants, and establishes new programs for career navigators and reconnect entry point assistance.