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MI SB0541
Bill
AI Summary
- Creates the Michigan National Guard member benefit fund in the state treasury to support National Guard members
- Designates the Department of Military and Veterans Affairs as the fund administrator
- Allows the state treasurer to receive money from any source, direct investments, and credit earnings to the fund
- Money in the fund does not lapse to the general fund at the end of the fiscal year
- Fund expenditures are restricted to implementing the Michigan National Guard tuition assistance act and the Michigan National Guard child care assistance act
- Bill's enactment is contingent on passage of Senate Bills 540 and 542 of the 103rd Legislature
Legislative Description
Military affairs: other; Michigan National Guard member benefit fund; create. Creates new act. TIE BAR WITH: SB 540'25, SB 542'25
Military affairs: other
Last Action
Referred To Committee On Appropriations
9/26/2025
Committee Referrals
Appropriations9/26/2025
Appropriations9/11/2025
Full Bill Text
No bill text available