evidence_text: Senator Albert offered the following amendments:
  
  1. Amend page 396, following line 21, by inserting:
  
  “(2) In addition to the funds allocated under subsection (1), from the MPSERS retirement obligation reform reserve state school aid fund money appropriated in section 11, there is allocated for 2024-2025 only $250,000,000.00 2025-2026 an amount not to exceed $641,500,000.00 for payments to participating entities of the Michigan public school employees’ retirement system. The amount allocated to each participating entity under this subsection must be based on each participating entity’s proportion of the total covered payroll for the immediately preceding fiscal year. A participating entity that receives funds under this subsection shall use the funds solely for purposes of this subsection. Each participating entity receiving funds under this subsection shall forward an amount equal to the amount allocated under this subsection to the retirement system in a form, manner, and time frame determined by the retirement system. The retirement system shall recognize funds received under this subsection as additional assets being contributed to the system and shall not categorize them as unfunded actuarial liability contributions or normal cost contributions.” and renumbering the remaining subsection.
  
  2. Amend page 399, line 22, by striking out all of section 147g.
  
  The amendments were not adopted, a majority of the members serving not voting therefor.