Military affairs: other; Michigan National Guard member benefit fund; create. Creates new act. TIE BAR WITH: SB 0540'25, SB 0542'25

SB 541 creates the Michigan National Guard member benefit fund in the state treasury to support existing benefit programs for National Guard members. The fund receives deposits from any source, earns interest through state treasurer investments, and retains all money year-to-year without lapsing to the general fund. The Department of Military and Veterans Affairs administers the fund and can only use its money to implement the Michigan National Guard tuition assistance program (2014 PA 259) and the Michigan National Guard child care assistance act. This bill directly affects Michigan National Guard members by ensuring dedicated funding for their tuition and child care benefits through these established programs.