MI HB5629

Amends Michigan's State School Aid Act of 1979 to establish appropriations for fiscal year 2027-2028 for K-12 schools, community colleges, and higher education

Sets placeholder appropriations of $100.00 from each funding source (state school aid fund, general fund, and various reserve funds) for K-12 school aid, indicating the bill is a shell for future budget negotiations

Appropriates $100.00 total for community college operations for fiscal year 2027-2028, replacing the previous year's detailed allocations of over $493 million across 28 community colleges

Appropriates $100.00 total for higher education ($50.00 from state restricted revenues and $50.00 from general fund), eliminating the previous detailed allocations of approximately $2.34 billion to 15 public universities

Removes all itemized appropriations for individual institutions, retirement system contributions, tuition waiver reimbursements, and financial aid programs including the Michigan Achievement Scholarships and Michigan Reconnect programs