Appropriations: capital outlay; appropriations for fiscal year 2025-2026; provide for. Creates appropriation act.

SB 163 is a funding bill that allocates $2.4 billion from Michigan's state general fund for capital outlay projects during fiscal year 2025-2026. It directly provides state funding for construction, renovation, or equipment projects at state-owned properties, public universities (like Michigan State and the University of Michigan), and community colleges (including Lansing Community College and Washtenaw Community College). The bill specifies state shares for 12 projects, such as $22.1 million for Ferris State's Allied Health Building and $9.6 million for Washtenaw Community College's Center for Success. This is a procedural appropriations bill that authorizes spending but does not create new policy or alter existing laws.