Appropriations: higher education; appropriations for fiscal year 2026-2027; provide for. Amends secs. 236 & 241 of 1979 PA 94 (MCL 388.1836 & 388.1841).

HB 5618 allocates $2.34 billion in state and federal funds for Michigan's public universities and higher education programs during fiscal year 2026-2027. It directs $1.48 billion from the state general fund and $850 million from other state restricted revenues to support operations at 13 public universities (including MSU, U-M, and Wayne State), with specific allocations for tuition waivers, retirement payments, and research programs. The bill also funds key initiatives like Michigan Achievement Scholarships ($300 million), the Martin Luther King Jr. program ($2.69 million), and student support services ($1.96 million). This funding directly affects public universities, students receiving financial aid, and state retirement systems through mandated budgetary allocations.