Bill Text: MI SB0217 | 2013-2014 | 97th Legislature | Introduced

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Bill Title: State financing and management; funds; funds of the Michigan strategic fund subject to appropriation; provide for. Amends 1984 PA 270 (MCL 125.2001 - 125.2094) by adding sec. 15.

Sponsorship: Moderate Partisan Bill (Democrat 8-1)

Status: (Introduced - Dead) 2013-02-26 - Referred To Committee On Government Operations [SB0217 Detail]

Download: Michigan-2013-SB0217-Introduced.html

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SENATE BILL No. 217

 

 

February 26, 2013, Introduced by Senators JOHNSON, BIEDA, COLBECK, HOPGOOD, GREGORY, YOUNG, SMITH, WHITMER and HOOD and referred to the Committee on Government Operations.

 

 

 

     A bill to amend 1984 PA 270, entitled

 

"Michigan strategic fund act,"

 

(MCL 125.2001 to 125.2094) by adding section 15.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 15. Notwithstanding any other provision of this act, all

 

money and assets of the fund are declared public money and assets

 

and shall be disbursed only as provided by law in an appropriation.