SB 574 Michigan Senate · 2025-2026 Regular Session

State management: funds; money in the 21st century jobs trust fund; modify disbursement of. Amends sec. 7 of 2000 PA 489 (MCL 12.257).

SB 574 modifies how investment earnings from Michigan's 21st Century Jobs Trust Fund are handled. It requires that interest and earnings from these investments be deposited into the state's general fund instead of remaining in the trust fund. The bill maintains existing annual deposits of $75 million from tobacco settlement funds (through 2026) and $17.5 million to the countercyclical stabilization fund (through 2035). This is a technical adjustment to fund disbursement rules, not a new revenue source or policy change.

Bill status signed all 5 stages cleared

Introduction

Sep 2025

Committee Review

Oct 2025

Senate Passage

Sep 2025

House Passage

Oct 2025

Signed into Law

Oct 2025

Introduced Sep 18, 2025 Signed Oct 8, 2025

Maddy AI version diff · 2 comparisons

What changed between versions

Senate Introduced Bill → As Passed by the Senate · 3 edits · Sep 25, 2025

MINOR

This bill reformats the legislative text of SB 574 from its original introduction version to the version passed by the Senate. The substantive policy content regarding the 21st Century Jobs Trust Fund remains unchanged, with no modifications to funding amounts, eligibility criteria, or operational requirements. The differences are purely formatting and structural, including removal of header metadata and reorganization of line breaks.

TECHNICAL

Removed header metadata including introduction date, sponsor information, and page markers that were present in the Senate Introduced Bill version.

Reorganized line breaks and paragraph spacing throughout the document for formatting consistency between versions.

Standardized capitalization in the enacting clause from 'THE PEOPLE' to 'the people'.

Floor votes · House Oct 2, 2025

How they voted

This bill passed the Senate by voice vote (no roll call recorded).

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Oct 8, 2025

Introduced

FILED WITH SECRETARY OF STATE 10/7/2025 2:54 PM

upper

Oct 8, 2025

Signed into law

APPROVED BY GOVERNOR 10/7/2025 2:04 PM

upper

Oct 2, 2025

Lower · Passed

passed; given immediate effect Roll Call #245 Yeas 104 Nays 5 Excused 0 Not Voting 1

lower

Oct 2, 2025

Lower · Passed

motion to discharge committee approved

lower

Sep 26, 2025

Committee

referred to Committee on Appropriations

lower

Sep 25, 2025

Introduced

received on 09/25/2025

lower

Sep 25, 2025

Upper · Passed

PASSED ROLL CALL # 244 YEAS 19 NAYS 17 EXCUSED 1 NOT VOTING 0

upper

Sep 25, 2025

Upper · Passed

REPORTED BY COMMITTEE OF THE WHOLE FAVORABLY WITHOUT AMENDMENT(S)

upper

Sep 25, 2025

Upper · Passed

DISCHARGE COMMITTEE APPROVED

upper

Sep 18, 2025

Committee

REFERRED TO COMMITTEE ON APPROPRIATIONS

upper

Sep 18, 2025

Introduced

INTRODUCED BY SENATOR SAM SINGH

upper

1 primary · 0 co-sponsors