Military affairs: other; Michigan National Guard member benefit fund; create, the official text

Act
No. 31

Public
Acts of 2025

Approved
by the Governor

November
4, 2025

Filed
with the Secretary of State

November
4, 2025

EFFECTIVE
DATE:  December 9, 2025

state of michigan

103rd Legislature

Regular session of 2025

Introduced by Rep. Robinson

ENROLLED HOUSE BILL No. 4962

AN ACT to create the Michigan
National Guard member benefit fund; and to provide for the administration of
and distributions from the fund.

The People of the State of
Michigan enact:

Sec. 1. This act may be cited as the “Michigan
National Guard member benefit fund act”.

Sec. 2. As used in this act:

(a) “Department” means
the department of military and veterans affairs.

(b) “Fund” means the
Michigan National Guard member benefit fund created in section 3.

Sec. 3. (1) The Michigan National Guard member
benefit fund is created in the state treasury.

(2) The state treasurer
shall deposit money and other assets received from any source in the fund. The
state treasurer shall direct the investment of money in the fund and credit
interest and earnings from the investments to the fund.

(3) Money in the fund at
the close of the fiscal year remains in the fund and does not lapse to the
general fund.

(4) The department is the
administrator of the fund for audits of the fund.

(5) The department shall
expend money from the fund, on appropriation, to support implementing and
administering all of the following acts or programs:

(a) The Michigan national guard
tuition assistance act, 2014 PA 259, MCL 32.431 to 32.434.

(b) The Michigan National
Guard child care assistance act.

(c)
A Tricare premium reimbursement program if established under state law.

Enacting section 1. This act does not take effect
unless all of the following bills of the 103rd Legislature are enacted into
law:

(a) Senate Bill
No. 540.

(b) Senate Bill No.
542.

This
act is ordered to take immediate effect.

Clerk of the House of
Representatives

Secretary of the Senate

Approved___________________________________________

____________________________________________________

Governor