Agriculture: other; farm produce insurance fund; increase allocation for administrative expenses. Amends sec. 9 of 2003 PA 198 (MCL 285.319).

This bill amends the Farm Produce Insurance Act in Michigan to increase the annual allocation for administrative expenses from $500,000 to $850,000. The legislation also establishes a mechanism to adjust this administrative budget each year starting in 2026 based on changes in the Detroit Consumer Price Index, with a cap of a 5% increase. Additionally, the bill clarifies that legal fees must be paid from the main fund rather than the administrative account and outlines specific rules for how the fund's money can be invested to ensure safety and compliance.