Bill Text: MI SB0792 | 2013-2014 | 97th Legislature | Introduced

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Bill Title: State financing and management; budget; governor's executive budget; require to include reporting of unfunded accrued liabilities. Amends sec. 367 of 1984 PA 431 (MCL 18.1367).

Spectrum: Partisan Bill (Republican 9-0)

Status: (Introduced - Dead) 2014-09-30 - Referred To Committee Of The Whole [SB0792 Detail]

Download: Michigan-2013-SB0792-Introduced.html

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SENATE BILL No. 792

 

 

 

February 18, 2014, Introduced by Senators PROOS, BOOHER, PAPPAGEORGE, COLBECK, JANSEN, MARLEAU, PAVLOV, BRANDENBURG and MOOLENAAR 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; , unfunded accrued liabilities of this state, including

 

unfunded legacy costs of health care and pensions 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.