MI SB0419

Increases the maximum disbursement rate from Michigan's Children's Trust Fund from 5% to 8% of the 12-quarter rolling average beginning in fiscal year 2026

The Children's Trust Fund is a charitable and educational endowment fund in the Department of Treasury dedicated to child abuse and neglect prevention

Maintains the existing threshold requirement that the fund's 12-quarter rolling average must be at least $23,500,000 before the higher disbursement percentage applies

Fund receives money from income tax contributions, vehicle code fees, child abuse and neglect prevention act sources, and civil fines from playground equipment safety violations

Makes technical language updates throughout the statute, replacing "shall" with "must" or "has" for consistency