SENATE BILL No. 127

February 6, 2001, Introduced by Senator JAYE and referred to the Committee on

Appropriations.

A bill to amend 1984 PA 270, entitled

"Michigan strategic fund act,"

(MCL 125.2001 to 125.2093) by adding section 14a.

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

1 SEC. 14A. NOTWITHSTANDING ANY OTHER PROVISION OF THIS ACT,

2 ALL MONEY AND ASSETS OF THE FUND ARE DECLARED PUBLIC MONEY AND

3 ASSETS AND SHALL BE DISBURSED ONLY AS PROVIDED BY LAW IN AN

4 APPROPRIATION.

01739'01 Final page. JLB