Appropriations: supplemental; certain funding designated to the University of Michigan; modify. Creates appropriation act.

HB 5362 is a supplemental budget bill that allocates additional state funds to the University of Michigan for its operations during the 2024-2025 fiscal year. It modifies existing state appropriations by designating specific supplemental funding for the University of Michigan, without creating new programs or altering the university's structure. This bill directly affects the University of Michigan's budget, providing it with additional resources from the state's general fund for the upcoming fiscal year. The bill is procedural in nature, focusing solely on the allocation of existing state funds rather than establishing new policies.