Michigan House Bill HB4999

Michigan 2025-2026 Regular Session

• Introduced: 9/18/25
• Refer: 9/18/25

Caption

Appropriations: supplemental; funding for certain nonprofit organizations; provide for. TIE BAR WITH: HB 4998'25

Impact

The potential impact of HB 4999 is substantial as it seeks to formalize a dedicated financial resource for nonprofit organizations across Michigan. By awarding grants and providing interest-free micro bridge loans, the bill aims to support the operational capabilities of nonprofits which often play critical roles in community services and welfare. This initiative could serve to bolster organizational stability, enhance community engagement in service delivery, and foster greater overall nonprofit capacity throughout the state.

Summary

House Bill 4999 proposes the establishment of the Michigan nonprofit development fund (ND fund) within the state treasury. This fund is intended to provide financial support to nonprofit organizations in Michigan through grants and micro loans. Specific provisions outlined in the bill dictate that the state treasurer is responsible for managing deposits, investments, and the distribution of funds. Notably, any surplus in the ND fund at the end of the fiscal year, exceeding $5 million, would be redirected to the general fund, creating a fiscal mechanism to ensure the fund remains adequately populated while also contributing to the state treasury.

Contention

Despite the promising prospects of the fund, there may be points of contention surrounding the administration and distribution of these funds. Questions may arise regarding the criteria for awarding grants and loans, transparency in funding allocations, and the appropriate oversight of the ND fund. Stakeholders may voice concerns about ensuring equitable access for diverse nonprofit entities and the potential for bureaucratic obstacles that could hinder timely support for organizations in need.