Natural resources: trust fund; Michigan water trust fund; provide for. Amends 1994 PA 451 (MCL 324.101 - 324.90106) by adding pt. 12. TIE BAR WITH: SB 0951'26

Summary

The bill establishes a state‑run fund that will collect royalties and other monies, invest them, and use the earnings to award grants for water‑related needs such as emergency bottled water, lead‑pipe replacement, well testing, and flood‑resilient infrastructure. It sets up a governing board and reporting requirements, and limits spending until the fund reaches a sizable principal. The measure aims to protect the public trust in Michigan’s waters and help low‑income residents access safe water.

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