2012 Senate Bill 955 ↩
Senate Roll Call 267:
Passed
The Senate version of the Fiscal higher education budget for the fiscal year beginning Oct. 1, 2012. This would appropriate $1.400 billion in gross spending, compared to $1.36 billion the previous year. The Senate significantly watered down "incentive grant" criteria proposed by Gov. Rick Snyder, which would have made some funding contigent on degree completions; number of science, technology, engineering, mathematics, and health degrees; and number of students receiving Pell Grants. The Senate kept a tuition restraint restraint provision, but reduced the amount of extra money for schools that meet its proposed 3.5 percent cap on increases.