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HB 4060 amends Michigan's school code to update rules for funding area career and technical education (CTE) programs through local property taxes. It sets specific millage limits: new programs can levy up to 1 mill, while existing programs can increase to 1.5 times their 1993 rate (with elector approval only for new increases). The bill requires school districts to audit and publicly post CTE fund usage online, mandates repayment if funds are misused, and defines allowable CTE program expenses to include inter-district contracts. These changes directly affect intermediate school districts operating CTE programs and ensure tax dollars are used solely for designated career education purposes.
HB 4162 allocates $17.77 billion in state and federal funds for Michigan's K-12 public schools for the 2025-2026 fiscal year, primarily from the state school aid fund and other designated trust funds. It sets a new target per-student funding level of $10,025 and establishes a formula to calculate each school district's foundation allowance based on the previous year's funding, inflation (using the Consumer Price Index), and the target amount. School districts with funding below the target receive adjusted increases, while those above the target see smaller raises tied to inflation. The bill directly affects all public school districts by determining their state funding allocation through this updated formula.