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SB 419MICHIGANSession 2025-2026State Billpassed chamber

Passed

Michigan raises annual children's trust fund disbursement cap to 8% starting in fiscal year 2026

Original title: Children: other; rolling average amount for disbursement under the children’s trust fund; increase.

Last action · September 26, 2025: referred to Committee on Government OperationsSponsors: Kevin Daley and 1 other

Bill progressHistory & official text ↓

Introduced

Committee

Floor Vote

Passed

Law

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What This Bill Would Do

Beginning in 2026, up to 8% of the of the state children's trust fund will be available for disbursement for child abuse and neglect prevention. The measure amends the existing distribution cap previously set at 4.25% or 5%.

Why it matters

Child abuse and neglect prevention programs statewide receive a larger annual pool of funds from the endowment fund, altering how much spendable revenue is released each .

Background

The children's trust fund was established by 1982 PA 249 as a charitable and educational endowment fund housed within the Michigan Department of Treasury. context

Who It Would Affect

Groups the bill's text would affect if enacted, as described in the record. Being affected is not a position for or against it.

Directly affected

Department of Treasury

The department houses the trust fund, manages its investments, and prepares annual financial accountings.

Directly affected

State Treasurer

The state treasurer is tasked with directing investments, ensuring compliance with divestment laws, and compiling the annual accounting for legislative committees.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

What is the new disbursement cap for the children's trust fund?

Beginning in 2026, up to 8% of the of the fund will be available for disbursement.

Who prepares the financial accounting of the trust fund?

The state treasurer must annually prepare an accounting of revenues and expenditures from the trust fund and provide it to the senate and house of representatives appropriations committees.

What else do you want to know?

News Coverage

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Where This Stands

Currently passed chamber. The next step in the legislative lifecycle is Law.

Procedural history

10 actions

Sep 26, 2025HouseCommittee
referred to Committee on Government Operations
Sep 26, 2025HouseIntroduced
read a first time
Sep 25, 2025House
received on 09/25/2025
Sep 25, 2025SenateFloor
PASSED ROLL CALL # 235 YEAS 36 NAYS 0 EXCUSED 1 NOT VOTING 0
Sep 22, 2025Senate
PLACED ON ORDER OF THIRD READING
Sep 22, 2025Senate
REPORTED BY COMMITTEE OF THE WHOLE FAVORABLY WITHOUT AMENDMENT(S)

Show 4 earlier actions

Sep 11, 2025SenateCommittee
REFERRED TO COMMITTEE OF THE WHOLE
Sep 11, 2025SenateCommittee
REPORTED FAVORABLY WITHOUT AMENDMENT 9/10/2025
Jun 12, 2025SenateCommittee
REFERRED TO COMMITTEE ON HEALTH POLICY
Jun 12, 2025SenateIntroduced
INTRODUCED BY SENATOR KEVIN DALEY

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Connected Entities

House of Representatives, State Treasurer, Department of Treasury and 1 more

OrganizationHouse of Representatives“receives the annual accounting of revenues and expenditures”Map →

PersonState Treasurer“credits amounts, directs investment, and prepares an accounting of revenues and ”Map →

OrganizationDepartment of Treasury“houses the state children's trust fund and directs its investments”Map →

OrganizationSenate“receives the annual accounting of revenues and expenditures”Map →

Sources

Open source document

legislature.mi.gov

Analysis Score

0–100

Significance40
How much this matters to a regular citizen
Controversy10
Intensity of disagreement among stakeholders
Entertainment5
Compellingness for a non-policy-wonk reader
Buzz15
Current news / social attention level

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