2002 Senate Bill 1105 ↩

Senate Roll Call 197: Passed

The Senate version of the FY 2002-2003 Higher Education budget. This appropriates $1.944 billion in adjusted gross spending (funded from all sources, including special state restricted fund and federal pass-through dollars, minus interdepartmental transfers), compared to $1.947 billion, which was the FY 2001-2002 amount enacted in 2001, excluding any supplemental appropriations. Of this, $1.812 billion will come from the general fund (funded by actual state tax revenues), compared to the current year’s $1.812 billion. The bill would give colleges the same amount they receive in FY 2001-02 for operations if they agree to increase resident undergraduate tuition no more than 8.5 percent, or $425, whichever is greater. It also includes $2 million for architectural studies on a Rare Isotope Accelerator (RIA) facility, if Michigan State University is chosen by the federal government as its location. The Senate version adds $4 million for a nursing scholarship program, to be funded from tobacco company lawsuit money, and includes language stating that it is the intent of the legislature that should more revenue be collected than is expected, funds would be appropriated to the universities getting less than $4,500 per student to bring them up to that level.