MI SB0574

Extends the annual deposit of $75,000,000 in tobacco settlement revenue into the 21st Century Jobs Trust Fund through fiscal year 2026 (previously the end date was earlier)

Maintains that the 21st Century Jobs Trust Fund consists of donations, tobacco settlement revenue proceeds, appropriations from the general fund, and amounts from the Michigan Early Stage Venture Investment Act

Continues requirement that interest and earnings from the trust fund investment be deposited into the general fund rather than remaining in the trust fund

Preserves state treasurer authority to invest trust fund assets in authorized investments while complying with the Divestment from Terror Act

Takes immediate effect upon approval (signed October 7, 2025)