2017 Michigan Compiled Laws
Chapter 18 - Department of Management and Budget
Act 431 of 1984 THE MANAGEMENT AND BUDGET ACT (18.1101 - 18.1594)
431-1984-3 ARTICLE 3 (18.1301...18.1397)
Section 18.1367 Transmittal of executive budget bills to members of legislature and fiscal agencies; contents of executive budget bill and enacted budget bill.
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.
History: 1984, Act 431, Eff. Mar. 29, 1985 ;-- Am. 1988, Act 504, Imd. Eff. Dec. 29, 1988 ;-- Am. 1999, Act 8, Imd. Eff. Mar. 22, 1999 ;-- Am. 2016, Act 221, Eff. Mar. 29, 2017
Popular Name: Act 431
Popular Name: DMB
