Section 388.1611k - School loan revolving fundFor 2024-2025, there is appropriated from the general fund to the school loan revolving fund an amount equal to the amount of school bond loans assigned to the Michigan finance authority, not to exceed the total amount of school bond loans held in reserve as long-term assets. As used in this section, "school loan revolving fund" means that fund created in section 16c of the shared credit rating act, 1985 PA 227, MCL 141.1066c.
Amended by 2024, Act 120,s 4, eff. 10/1/2024.Amended by 2023, Act 103,s 8, eff. 10/1/2023.Amended by 2022, Act 144,s 8, eff. 10/1/2022.Amended by 2021, Act 48,s 7, eff. 7/13/2021.Amended by 2020, Act 165,s 8, eff. 10/1/2020.Amended by 2019, Act 58,s 7, eff. 10/1/2019.Amended by 2018, Act 265,s 5, eff. 10/1/2018.Amended by 2017, Act 108,s 8, eff. 10/1/2017.Amended by 2016, Act 249,s 7, eff. 10/1/2016.Amended by 2015, Act 85,s 6, eff. 10/1/2015.Amended by 2014, Act 196,s 7, eff. 10/1/2014.Amended by 2013, Act 60,s 6, eff. 10/1/2013.Amended by 2012, Act 201,s 8, eff. 10/1/2012.Amended by 2011, Act 62,s 7, eff. 10/1/2011.Amended by 2010, Act 110,s 8 , eff. 10/1/2010.Amended by 2009, Act 121,s 8 , eff. 10/19/2009.Amended by 2008, Act 268,s 8 , eff. 10/1/2008.Amended by 2007, Act 137,s 9 , eff. 11/8/2007.Amended by 2006, Act 342, s 8, eff. 10/1/2006.Added by 2005, Act 155, s 9, eff. 10/1/2005.Former section 388.1611k was repealed by Act 121, Imd. Eff. Sept. 28, 2001.