SB-0292, As Passed Senate, February 10, 2016
April 23, 2015, Introduced by Senators PROOS, BOOHER, CASPERSON, ROBERTSON, STAMAS, PAVLOV, SCHUITMAKER, MACGREGOR, HANSEN, MARLEAU, KNOLLENBERG and HILDENBRAND and referred to the Committee on Appropriations.
A bill to amend 1984 PA 431, entitled
"The management and budget act,"
by amending section 367 (MCL 18.1367), as amended by 1999 PA 8.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 367. (1) Concurrent with transmitting the state budget to
the legislature, the governor shall submit to the legislature and
the fiscal agencies executive budget bills containing itemized
statements of estimated state spending to be paid to local units of
government; ,
annual required employer
contributions toward total
unfunded retiree health care and pension legacy costs as determined
by the state's consulting actuary for each department and the
legislative branch and the judicial branch; individual line item
amounts, including the number of FTE positions to be funded by each
individual line item amount, for the proposed expenditures; and any
necessary bills for additional revenue to provide financing for the
proposed expenditures.
(2) One executive budget bill and 1 enacted budget bill shall
contain all of the following:
(a) The estimated revenue for each state operating fund in
sufficient detail to provide for comparison with actual revenue.
(b) Summary totals for each state operating fund to reflect
that recommended expenditures for each fund are within proposed and
estimated resources.
(c) A statement of estimated state spending to be paid to
units of local government, total state spending from state sources
of financing, and the state-local proportion derived from that
data.
Enacting section 1. This amendatory act takes effect 90 days
after the date it is enacted into law.