2006 Michigan Compiled Laws - Act 30 of 1978


BUDGET STABILIZATION FUND

Act 30 of 1978

AN ACT to provide for the creation and use of budget stabilization funds by counties, cities, villages, and townships.


History: 1978, Act 30, Imd. Eff. Feb. 24, 1978 ;--Am. 1980, Act 192, Imd. Eff. July 8, 1980




The People of the State of Michigan enact:

DocumentDescription
Section 141.441Definitions.
Section 141.442Budget stabilization fund; creation.
Section 141.443Budget stabilization fund; appropriation; additional taxes prohibited; limitation; investments; disposition of excess money.
Section 141.444Budget stabilization fund; purposes; sufficiency of municipality's revenue.
Section 141.445Budget stabilization fund; prohibitions.

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