FY 2020-21 SUPPLEMENTAL                                                         SB. 749 (S-2)

                                                             SUMMARY AS PASSED BY THE SENATE

 

 

 

 

 

 

 

Senate Bill 749 (Substitute S-2 as passed by the Senate)

Sponsor:  Senator Jim Stamas

Senate Committee:  Appropriations

 

Date Completed: 12-10-20

 

CONTENT

 

The supplemental would provide $250.55 million Gross, $550,000 in Federal Coronavirus Relief Fund (CRF) dollars, and $250.0 million General Fund/General Purpose (GF/GP) in funding, with $250.0 million of that funding being designated to support an extension of unemployment benefits from 20 to 26 weeks between January 1, 2021, and March 31, 2021. Table 1 summarizes the appropriations in the supplemental.

 

Table 1

FY 2020-21 Supplemental Appropriations

Budget Area

Gross

GF/GP

Labor & Econ. Opportunity

$250,550,000

$250,000,000

 TOTAL

$250,550,000

$250,000,000

 

FISCAL IMPACT

 

The bill provides line-item appropriations of $250.55 million Gross and $250.0 million GF/GP in the Department of Labor and Economic Opportunity. Table 2 summarizes the details of the appropriations in the supplemental.

 

FY 2020-21 BOILERPLATE LANGUAGE SECTIONS-PART 2

 

Sec. 201. General. Records amount of total State spending and payments to local units of government.

 

Sec. 202. General. Subjects appropriations and expenditures in the article to the provisions of the Management and Budget Act.

 

Sec. 203. General. Directs that, if the State Administrative Board transfers funds appropriated in the Act, the Legislature may, by concurrent resolution requiring a majority vote in each chamber, transfer funds within a particular department, board, commission, officer, or institution.

 

Sec. 205. General. Directs that any Federal CRF dollars for which expenditures have not been incurred by December 30, 2020, and any interest earned from CRF dollars be unappropriated and reappropriated into the Unemployment Compensation Fund established in the Michigan Employment Security Act to support COVID-19 emergency costs incurred between March 1, 2020, and December 30, 2020. Requires a biweekly report beginning in mid-January on deposits to support unemployment benefits.


 

 

Sec. 301. Labor and Economic Opportunity. Directs that the $250.0 million of the funding appropriated in part 1 for the Michigan unemployment compensation funds be used to extend unemployment benefits from 20 to 26 weeks between January 1, 2021, and March 31, 2021.

 

Table 2

FY 2020-21 Supplemental Appropriations

Department/Program

Gross

GF/GP

Labor and Economic Opportunity

Extension of unemployment benefits

$250,550,000

$250,000,000

Total Labor and Economic Opportunity

$250,550,000

$250,000,000

Total FY 2020-21 Supplemental Appropriations

$250,550,000

$250,000,000

 

                                                                        Fiscal Analyst:  Steve Angelotti

 

This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.