A bill to amend 2000 PA 489, entitled “Michigan trust fund act,” by amending section 7 (MCL 12.257), as amended by 2024 PA 188.
House Bill No. 4957 amends the Michigan Trust Fund Act to maintain and potentially increase annual funding for the 21st Century Jobs Trust Fund by eliminating a previous requirement to divert $17.5 million annually to the state's budget stabilization fund, thereby supporting continued investment in economic development and job creation.
Introduced
by
Referred to the Committee on Appropriations