2006 Michigan Compiled Laws - Act 30 of 1978


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:

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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