Bill Text: MI SB0849 | 2015-2016 | 98th Legislature | Introduced

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Bill Title: State financing and management; other; departments to provide report listing all assets over certain amount; require annually. Amends 1984 PA 431 (MCL 18.1101 - 18.1594) by adding sec. 449.

Spectrum: Partisan Bill (Republican 3-0)

Status: (Introduced - Dead) 2016-03-08 - Referred To Committee On Elections And Government Reform [SB0849 Detail]

Download: Michigan-2015-SB0849-Introduced.html

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SENATE BILL No. 849

 

 

March 8, 2016, Introduced by Senators COLBECK, SCHUITMAKER and PROOS and referred to the Committee on Elections and Government Reform.

 

 

 

     A bill to amend 1984 PA 431, entitled

 

"The management and budget act,"

 

(MCL 18.1101 to 18.1594) by adding section 449.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 449. (1) The department shall issue directives requiring

 

all state agencies to provide the department with, and to make

 

available through a link on their website homepages in a

 

spreadsheet-compatible format, all the following for each asset of

 

the state agency as of January 1 of each year:

 

     (a) Name of the asset.

 

     (b) Description of the asset.

 

     (c) Fair market value of the asset.

 

     (d) Utilization rate of the asset.

     (e) Statement of whether the asset is owned or leased by the

 

state agency.

 

     (2) Not later than January 1, 2017, the department shall

 

develop and operate a searchable website accessible by the public

 

at no cost to access the information provided in subsection (1).

 

     (3) As used in this section:

 

     (a) "Asset" means real property and vehicles with a value of

 

$5,000.00 or more that are owned or under the control of the state

 

agency.

 

     (b) "Fair market value" means the highest estimated price

 

which the property will bring if offered for sale on the open

 

market, allowing a reasonable time to find a purchaser who would

 

buy with knowledge of the property's possible uses.

 

     (c) "Utilization rate" means 1 of the following:

 

     (i) For assets that are real property, the percentage of the

 

land and buildings occupied by the state agency as determined under

 

a written policy by the state agency.

 

     (ii) For assets that are vehicles, the percentage of time the

 

vehicle is used for state agency functions as determined under a

 

written policy by the state agency.