Education: financing; Michigan trust fund act; modify. Amends sec. 12 of 2000 PA 489 (MCL 12.262).

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Plain-English Summary

This bill amends the Michigan trust fund act to change how the community district education trust fund operates. It specifies that after September 30, 2026, no new money can be added to or spent from the fund. Any money left in the fund on or after October 1, 2026, will be moved to the state school aid fund.

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R · PrimeAnn Bollin

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