June 3, 2008, Introduced by Senators GEORGE and BIRKHOLZ and referred to the Committee on Appropriations.
A bill to amend 1984 PA 431, entitled
"The management and budget act,"
by amending section 442 (MCL 18.1442), as added by 1991 PA 72.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec.
442. (1) Funds Except
as otherwise provided in subsection
(2), money appropriated to an entity within the legislative branch
of state government shall be expended or be transferred to another
account only with the written approval of the authorized agent of
the legislative entity. When the authorized agent of the
legislative entity notifies the department of its approval of an
expenditure or transfer within the existing level of
appropriations, the department shall immediately make the
expenditure or transfer. The authorized legislative entity agents
shall be designated by the speaker of the house for house entities,
the senate majority leader for senate entities, and the legislative
council for library of Michigan and legislative council entities.
(2) Fifty percent of funds lapsed by an entity within the
legislative branch of government at the end of a fiscal year shall
be transferred to and deposited into the capitol public improvement
fund created in section 703 of the legislative council act, 1986 PA
268, MCL 4.1703.
Enacting section 1. This amendatory act does not take effect
unless Senate Bill No. 1362
of the 94th Legislature is enacted into law.