Michigan HB5362 modifies appropriations for the fiscal year ending September 30, 2025, reallocating $100,000,000 from the Michigan strategic site.
Michigan HB5362 modifies appropriations for the fiscal year ending September 30, 2025, by reallocating $100,000,000 from the Michigan strategic site readiness program to the strategic outreach and attraction reserve fund. Originally, this amount was intended for the University of Michigan to support the construction of advanced computing facilities. The bill repeals Legislative Transfer Request 2025-3 and mandates the Michigan strategic fund to transfer the $100,000,000 to the strategic outreach and attraction reserve fund.
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