Appropriations: school aid; fiscal year 2026-2027 appropriations for K-12 school aid; provide for. Amends secs. 11 & 17b of 1979 PA 94 (MCL 388.1611 & 388.1617b).

HB 5628 is a funding bill that sets appropriations for Michigan's K-12 public schools for fiscal years 2026-2027. It specifies exact dollar amounts from multiple state funds (including the state school aid fund, general fund, and specialized reserves) to support public education, with detailed allocations for each fiscal year. The bill also modifies payment schedules under Section 17b, requiring the state to distribute funds in 11 installments annually (from October to August) and outlining procedures for handling unused funds and temporary advance payments. This bill directly affects all public school districts and intermediate districts receiving state education funding in Michigan.