Appropriations: supplemental; funding for the Michigan technological university and the STEM engineering and health technology complex; provide for. Creates appropriation act.

HB 5487 adjusts funding for the Michigan Technological University's H-STEM Engineering and Health Technology Complex (Phase I). It decreases the state's capital outlay appropriation by $1.5 million, reducing the total project cost to $51.59 million (state share: $29.70 million; university share: $21.89 million; minimal state general fund: $200). The bill directly affects Michigan Technological University and the state budget by modifying existing construction funding authorized in prior legislation. It specifies how the adjusted funds must be spent for this specific campus complex project.