State management: funds; amendments related to the creation of the revenue sharing trust fund; provide for. Amends title & sec. 2 of 2000 PA 489 (MCL 12.252). TIE BAR WITH: SB 561'25, SB 559'25

SB 560 amends Michigan's Trust Fund Act to formally establish a "Revenue Sharing Trust Fund" (created in Section 11a) and update definitions for existing trust funds like Medicaid, Flint settlement, and opioid recovery funds. It directly affects state officials responsible for managing these funds and administering their allocation rules. The bill primarily creates a technical framework for the new trust fund by defining its purpose within the existing legal structure, without specifying new funding sources or spending changes. This is a procedural amendment to clarify fund classifications under the Trust Fund Act.