reglab/housing_qa huggingface dataset:
MI Comp L § 18.1348 (2021)
2021 Michigan Compiled Laws|Chapter 18 - Department of Management and Budget|Act 431 of 1984 - The Management and Budget Act (18.1101 - 18.1594)|Article 3 - (18.1301...18.1397)|Section 18.1348 - Executive Budget Submitted to Legislature; Recommendations for Expenditures; Additional and New Sources of Revenue; Considerations in Balancing Budget of Each State Operating Fund.

18.1348 Executive budget submitted to legislature; recommendations for expenditures; additional and new sources of revenue; considerations in balancing budget of each state operating fund. Sec. 348.  The executive budget submitted to the legislature shall represent financing for all state agency programs provided by the resources of state operating funds. Recommendations for expenditures from each state operating fund shall not exceed the estimated beginning balance of such fund plus the fund's estimated revenue. Additional and new sources of revenue may be proposed in the executive budget to meet the proposed expenditures. In balancing the budget of each state operating fund, the state budget director shall consider proposed open-end appropriations and tax and spending limitations as provided by law. History: 1984, Act 431, Eff. Mar. 29, 1985 Popular Name: Act 431Popular Name: DMB
MI Comp L § 18.1349 (2021)
2021 Michigan Compiled Laws|Chapter 18 - Department of Management and Budget|Act 431 of 1984 - The Management and Budget Act (18.1101 - 18.1594)|Article 3 - (18.1301...18.1397)|Section 18.1349 - Proportion of Total State Spending From State Sources Paid to Units of Local Government; Compliance of Budgets With State Constitution.

18.1349 Proportion of total state spending from state sources paid to units of local government; compliance of budgets with state constitution. Sec. 349.  In accordance with the provision of section 30 of article IX of the state constitution of 1963 , the proportion of total state spending from state sources paid to all units of local government shall not be less than the proportion in effect in fiscal year 1978-1979. The executive budget submitted to the legislature and the budget enacted by the legislature shall be in compliance with section 30 of article IX of the state constitution of 1963. History: 1984, Act 431, Eff. Mar. 29, 1985 Popular Name: Act 431Popular Name: DMB
MI Comp L § 18.1350 (2021)
2021 Michigan Compiled Laws|Chapter 18 - Department of Management and Budget|Act 431 of 1984 - The Management and Budget Act (18.1101 - 18.1594)|Article 3 - (18.1301...18.1397)|Section 18.1350 - State Spending Paid to Units of Local Government; Refunds or Other Repayments.

18.1350 State spending paid to units of local government; refunds or other repayments. Sec. 350.  (1) If state government assumes the financing and administration of a function, after December 22, 1978, which was previously performed by a unit of local government, the state payments for the function shall be counted as state spending paid to units of local government.  (2) Refunds or other repayments of prior year revenues shall not be considered in the determination of total state spending. 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 Popular Name: Act 431Popular Name: DMB
MI Comp L § 18.1350a (2021)
2021 Michigan Compiled Laws|Chapter 18 - Department of Management and Budget|Act 431 of 1984 - The Management and Budget Act (18.1101 - 18.1594)|Article 3 - (18.1301...18.1397)|Section 18.1350a - Additional Definitions.

18.1350a Additional definitions. Sec. 350a.  As used in sections 26 to 28 of article IX of the state constitution of 1963:  (a) "Personal income of Michigan" for a calendar year means total annual personal income as officially reported by the United States department of commerce, bureau of economic analysis, or its successor, in August of the year following the calendar year for which the report is made. Revision of the total annual personal income figure as reported by the bureau of economic analysis after August of the year following the calendar year for which the report is made shall not cause personal income of Michigan as defined to be revised.  (b) "Total state revenues" means the combined increases in net current assets of the general fund and special revenue funds, except for component units included within the special revenue group for reporting purposes only. For fiscal years beginning after September 30, 1986, total state revenues shall be computed on the basis of generally accepted accounting principles as defined in this act. However, total state revenues shall not include the following:  (i) Financing sources which have previously been counted as revenue, for the purposes of section 26 of article IX of the state constitution of 1963 such as, beginning fund balance, expenditure refunds, and residual-equity and operating transfers from within the group of funds.  (ii) Current assets generated from transactions involving fixed assets and long-term obligations in which total net assets do not increase.  (iii) Revenues which are not available for normal public functions of the general fund and special revenue funds.  (iv) Federal aid.  (v) Taxes imposed for the payment of principal and interest on voter-approved bonds and loans to school districts authorized under section 16 of article IX of the state constitution of 1963.  (vi) Tax credits based on actual tax liabilities or the imputed tax components of rental payments, but not including the amount of any credits not related to actual tax liabilities.   (vii) Refunds or payments of revenues recognized in a prior period.  (viii) The effects of restatements of beginning balances required by changes in generally accepted accounting principles.  (c) The calculation of total state revenues required by section 350b(3) shall not be adjusted after the filing of the report required by June 30, 1989, unless future changes in generally accepted accounting principles would substantially distort the comparability of the base year and the current and future years. In no event shall intervening years be recalculated. History: Add. 1988, Act 504, Imd. Eff. Dec. 29, 1988 ;-- Am. 1999, Act 8, Imd. Eff. Mar. 22, 1999 Popular Name: Act 431Popular Name: DMB
MI Comp L § 18.1350b (2021)
2021 Michigan Compiled Laws|Chapter 18 - Department of Management and Budget|Act 431 of 1984 - The Management and Budget Act (18.1101 - 18.1594)|Article 3 - (18.1301...18.1397)|Section 18.1350b - Prohibited Taxes; Revenue Limit; Report.

18.1350b Prohibited taxes; revenue limit; report. Sec. 350b.  (1) Effective with the 1979-80 state fiscal year, and for each state fiscal year thereafter, the legislature shall not impose taxes of any kind which would result in total state revenues exceeding the revenue limit established in subsection (2).  (2) The revenue limit shall be equal to the product of the ratio of total state revenues in the 1978-79 state fiscal year divided by the personal income of Michigan in calendar year 1977 computed by rounding the quotient to 4 decimal places, multiplied by the personal income of Michigan in either the prior calendar year or the average of personal income of Michigan in the previous 3 calendar years, whichever is greater.  (3) The department shall submit to the legislature, the fiscal agencies, and the auditor general not later than June 30, 1989 a report which shall calculate in detail the base revenue limit as established in subsection (2). This report shall become effective 90 days after submission to the legislature unless disapproved by a concurrent resolution approved by a majority of the members elected and serving in each house by a record roll call vote. If this report takes effect, the calculation of the base revenue limit contained in the report shall be used for the purposes of subsection (2). History: Add. 1988, Act 504, Imd. Eff. Dec. 29, 1988 Popular Name: Act 431Popular Name: DMB
MI Comp L § 18.1350c (2021)
2021 Michigan Compiled Laws|Chapter 18 - Department of Management and Budget|Act 431 of 1984 - The Management and Budget Act (18.1101 - 18.1594)|Article 3 - (18.1301...18.1397)|Section 18.1350c - Prohibited Expenditures; Amount Withdrawn From Countercyclical Budget and Economic Stabilization Fund Considered Surplus.

18.1350c Prohibited expenditures; amount withdrawn from countercyclical budget and economic stabilization fund considered surplus. Sec. 350c.  (1) Expenditures of state government which exceed the sum of the following amounts shall not be incurred in any fiscal year:  (i) The revenue limit established in section 350b.   (ii) A surplus from a previous year.  (iii) Federal aid.  (iv) Taxes imposed for the payment of principal and interest on bonds, approved by the voters and authorized under section 15 of article IX of the state constitution of 1963 .  (v) Loans to school districts authorized under section 16 of article IX of the state constitution of 1963.  (vi) The dollar amount of an emergency established pursuant to section 27 of article IX of the state constitution of 1963.  (vii) Other amounts excluded from the calculation of the revenue limit under the definition established in section 350a.  (2) For the purposes of this section, an amount withdrawn from the countercyclical budget and economic stabilization fund created pursuant to section 351 shall be considered a surplus. History: Add. 1988, Act 504, Imd. Eff. Dec. 29, 1988 Popular Name: Act 431Popular Name: DMB
MI Comp L § 18.1350d (2021)
2021 Michigan Compiled Laws|Chapter 18 - Department of Management and Budget|Act 431 of 1984 - The Management and Budget Act (18.1101 - 18.1594)|Article 3 - (18.1301...18.1397)|Section 18.1350d - Revenues Required to Be Refunded; Procedures.

18.1350d Revenues required to be refunded; procedures.Sec. 350d.  (1) The procedures enumerated in this section shall be followed when revenues are required to be refunded pursuant to section 26 of article IX of the state constitution of 1963.  (2) For any fiscal year in which total state revenues exceed the revenue limit as provided in section 26 of article IX of the state constitution of 1963 by 1% or more, the revenues in excess of the revenue limit shall be refunded in accordance with 1941 PA 122, MCL 205.1 to 205.31, for the taxpayer's tax year beginning in the fiscal year for which it is determined that the revenue limit has been exceeded.   (3) A refund shall not be required if total state revenues exceed the revenue limit by less than 1%.  (4) If total state revenues exceed the revenue limit by less than 1%, the governor shall recommend to the legislature that the excess be appropriated to the countercyclical budget and economic stabilization fund, or its successor.  (5) A refund required pursuant to this section shall be refunded during the fiscal year beginning on the October 1 following the filing of the report required by section 350e which determines that the limit was exceeded in the prior fiscal year for which the report was filed. History: Add. 1988, Act 504, Imd. Eff. Dec. 29, 1988 ;-- Am. 2007, Act 183, Imd. Eff. Dec. 21, 2007 Popular Name: Act 431Popular Name: DMB
MI Comp L § 18.1350e (2021)
2021 Michigan Compiled Laws|Chapter 18 - Department of Management and Budget|Act 431 of 1984 - The Management and Budget Act (18.1101 - 18.1594)|Article 3 - (18.1301...18.1397)|Section 18.1350e - Report.

18.1350e Report. Sec. 350e.  The department shall annually prepare a report which summarizes in detail the state's compliance with the revenue limit established in section 350b. The report shall be submitted to the auditor general for review and comment not later than May 31 of each year, and shall be published by submission to the legislature not later than June 30 of each year.  History: Add. 1988, Act 504, Imd. Eff. Dec. 29, 1988 ;-- Am. 1999, Act 8, Imd. Eff. Mar. 22, 1999 Popular Name: Act 431Popular Name: DMB
MI Comp L § 18.1351 (2021)
2021 Michigan Compiled Laws|Chapter 18 - Department of Management and Budget|Act 431 of 1984 - The Management and Budget Act (18.1101 - 18.1594)|Article 3 - (18.1301...18.1397)|Section 18.1351 - Countercyclical Budget and Economic Stabilization Fund; Creation; Purpose; Definitions.

18.1351 Countercyclical budget and economic stabilization fund; creation; purpose; definitions. Sec. 351.  (1) A countercyclical budget and economic stabilization fund is created to assist in stabilizing revenue and employment during periods of economic recession and high unemployment.  (2) As used in this section and sections 352 to 359, "fund" means the countercyclical budget and economic stabilization fund.  (3) As used in section 352, "current calendar year" means the year that ends December 31 in which the determination of the transfer into or out of the fund is being made. History: 1984, Act 431, Eff. Mar. 29, 1985 Popular Name: Act 431Popular Name: DMBPopular Name: Rainy Day Fund
MI Comp L § 18.1352 (2021)
2021 Michigan Compiled Laws|Chapter 18 - Department of Management and Budget|Act 431 of 1984 - The Management and Budget Act (18.1101 - 18.1594)|Article 3 - (18.1301...18.1397)|Section 18.1352 - Transfer of Funds Based on Annual Growth Rate; Formula.

18.1352 Transfer of funds based on annual growth rate; formula.Sec. 352.  (1) When the annual growth rate is more than 2%, the percentage excess over 2% shall be multiplied by the total state general fund-general purpose revenue for the fiscal year ending in the current calendar year to determine the amount to be transferred to the fund from the state general fund in the fiscal year beginning in the current calendar year.  (2) Except as otherwise provided in section 358, the legislature shall not appropriate money from the fund for a fiscal year when the annual growth rate for the calendar year in which that fiscal year ends is estimated to be greater than 0% at the most recent consensus revenue estimating conference. When the annual growth rate is estimated to be less than 0% at the most recent consensus revenue estimating conference, the legislature may appropriate by law for the fiscal year ending in the current calendar year no more than 25% of the prior fiscal year ending balance in the fund as reported in the comprehensive annual financial report. However, if the annual growth rate is estimated to be less than 0% in consecutive calendar years, for each of the fiscal years ending in those calendar years, the legislature may appropriate by law no more than 25% of the available fund balance at the beginning of the first fiscal year ending in the first calendar year that had an annual growth rate less than 0%.  (3) The legislature shall provide for transfers into or out of the fund through an appropriations act. History: 1984, Act 431, Eff. Mar. 29, 1985 ;-- Am. 1985, Act 96, Imd. Eff. July 18, 1985 ;-- Am. 1988, Act 504, Imd. Eff. Dec. 29, 1988 ;-- Am. 1991, Act 29, Eff. Mar. 30, 1992 ;-- Am. 1991, Act 72, Imd. Eff. July 11, 1991 ;-- Am. 1999, Act 8, Imd. Eff. Mar. 22, 1999 ;-- Am. 2018, Act 613, Eff. Mar. 29, 2019 Popular Name: Act 431Popular Name: DMBPopular Name: Rainy Day Fund
MI Comp L § 18.1353 (2021)
2021 Michigan Compiled Laws|Chapter 18 - Department of Management and Budget|Act 431 of 1984 - The Management and Budget Act (18.1101 - 18.1594)|Article 3 - (18.1301...18.1397)|Section 18.1353 - Repealed. 2018, Act 613, Eff. Mar. 29, 2019.

18.1353 Repealed. 2018, Act 613, Eff. Mar. 29, 2019. Compiler's Notes: The repealed section pertained to appropriations allowed from the budget and economic stabilization fund if unemployment rate was higher than 8.0%.Popular Name: Act 431Popular Name: DMBPopular Name: Rainy Day Fund
MI Comp L § 18.1353a, 18.1353b (2021)
2021 Michigan Compiled Laws|Chapter 18 - Department of Management and Budget|Act 431 of 1984 - The Management and Budget Act (18.1101 - 18.1594)|Article 3 - (18.1301...18.1397)|Section 18.1353a, 18.1353b - Repealed. 1999, Act 8, Imd. Eff. Mar. 22, 1999.

18.1353a, 18.1353b Repealed. 1999, Act 8, Imd. Eff. Mar. 22, 1999. Compiler's Notes: The repealed sections pertained to appropriation from fund and appropriation for civilian conservation corps endowment fund.Popular Name: Act 431Popular Name: DMBPopular Name: Rainy Day Fund
MI Comp L § 18.1353c (2021)
2021 Michigan Compiled Laws|Chapter 18 - Department of Management and Budget|Act 431 of 1984 - The Management and Budget Act (18.1101 - 18.1594)|Article 3 - (18.1301...18.1397)|Section 18.1353c - Repealed. 2007, Act 145, Imd. Eff. Dec. 1, 2007.

18.1353c Repealed. 2007, Act 145, Imd. Eff. Dec. 1, 2007. Compiler's Notes: The repealed section pertained to appropriation of amounts to pay certain court settlements and purchase certain mineral rights.Popular Name: Act 431Popular Name: DMBPopular Name: Rainy Day Fund
MI Comp L § 18.1353d (2021)
2021 Michigan Compiled Laws|Chapter 18 - Department of Management and Budget|Act 431 of 1984 - The Management and Budget Act (18.1101 - 18.1594)|Article 3 - (18.1301...18.1397)|Section 18.1353d - Repealed. 1999, Act 8, Imd. Eff. Mar. 22, 1999.

18.1353d Repealed. 1999, Act 8, Imd. Eff. Mar. 22, 1999. Compiler's Notes: The repealed section pertained to appropriation to state transportation department.Popular Name: Act 431Popular Name: DMBPopular Name: Rainy Day Fund
MI Comp L § 18.1353e, 18.1353f (2021)
2021 Michigan Compiled Laws|Chapter 18 - Department of Management and Budget|Act 431 of 1984 - The Management and Budget Act (18.1101 - 18.1594)|Article 3 - (18.1301...18.1397)|Section 18.1353e, 18.1353f - Repealed. 2007, Act 145, Imd. Eff. Dec. 1, 2007.

18.1353e, 18.1353f Repealed. 2007, Act 145, Imd. Eff. Dec. 1, 2007. Compiler's Notes: The repealed sections pertained to appropriation and transfer of funds to state school aid fund and to state water pollution control revolving fund.Popular Name: Act 431Popular Name: DMBPopular Name: Rainy Day Fund
MI Comp L § 18.1354 (2021)
2021 Michigan Compiled Laws|Chapter 18 - Department of Management and Budget|Act 431 of 1984 - The Management and Budget Act (18.1101 - 18.1594)|Article 3 - (18.1301...18.1397)|Section 18.1354 - Executive Budget and Appropriations Bill; Estimate of Transfer Into or Out of Fund; Installments.

18.1354 Executive budget and appropriations bill; estimate of transfer into or out of fund; installments.Sec. 354.  (1) The executive budget for each fiscal year shall contain an estimate of the required transfer into the fund or the amount of funds recommended to be appropriated out of the fund required under section 352. The executive budget for each fiscal year shall not contain an estimate for a transfer out of the fund unless the annual growth rate is estimated to be less than 0% in that fiscal year.  (2) The legislature shall include the final amount of the transfer into the fund or the amount of funds appropriated out of the fund required under section 352 in the appropriations bill which contains the revenue estimate required by section 31 of article IV of the state constitution of 1963.  (3) A transfer into the fund shall be made in equal monthly installments throughout the fiscal year. A transfer out of the fund may be made as needed during the fiscal year. History: 1984, Act 431, Eff. Mar. 29, 1985 ;-- Am. 1988, Act 504, Imd. Eff. Dec. 29, 1988 ;-- Am. 1994, Act 107, Eff. Mar. 30, 1995 ;-- Am. 1994, Act 108, Imd. Eff. Apr. 26, 1994 ;-- Am. 1995, Act 159, Imd. Eff. Sept. 25, 1995 ;-- Am. 1995, Act 286, Imd. Eff. Jan. 9, 1996 ;-- Am. 1999, Act 8, Imd. Eff. Mar. 22, 1999 ;-- Am. 2018, Act 613, Eff. Mar. 29, 2019 Compiler's Notes: The last sentence of subsection (4), as amended by Act 159 of 1995, was vetoed by the governor on September 25, 1995.In subsection (6), as amended by Act 159 of 1995, the line item “Highland Park Community College.......95,656,” was vetoed by the governor on September 25, 1995. Popular Name: Act 431Popular Name: DMBPopular Name: Rainy Day Fund
MI Comp L § 18.1354a (2021)
2021 Michigan Compiled Laws|Chapter 18 - Department of Management and Budget|Act 431 of 1984 - The Management and Budget Act (18.1101 - 18.1594)|Article 3 - (18.1301...18.1397)|Section 18.1354a - Repealed. 1999, Act 8, Imd. Eff. Mar. 22, 1999.

18.1354a Repealed. 1999, Act 8, Imd. Eff. Mar. 22, 1999. Compiler's Notes: The repealed section pertained to appropriation and transfer of certain excess balances.Popular Name: Act 431Popular Name: DMBPopular Name: Rainy Day Fund
MI Comp L § 18.1355 (2021)
2021 Michigan Compiled Laws|Chapter 18 - Department of Management and Budget|Act 431 of 1984 - The Management and Budget Act (18.1101 - 18.1594)|Article 3 - (18.1301...18.1397)|Section 18.1355 - Adjustment of Transfer Into or Out of Fund; Condition; Adjustment of Appropriation From Fund.

18.1355 Adjustment of transfer into or out of fund; condition; adjustment of appropriation from fund.Sec. 355.  (1) The transfer into or out of the fund as provided in section 352 for each fiscal year beginning after September 30, 1978, may be adjusted in light of revision in the annual growth rate for the calendar year upon which that transfer was made. If an adjustment is made, it shall be implemented by an appropriation bill enacted into law.   (2) For a transfer into the fund, the adjustment, if made, shall be directly proportional to an increase or decrease in the annual growth rate.   (3) The basis for an adjustment under this section shall be a change in the personal income level for that calendar year as determined by the bureau of economic analysis of the United States Department of Commerce or its successor in the last report it makes before April 30 of the fiscal year in which that calendar year ended. The adjustment, if made, shall be effective on June 1 of the fiscal year in which the transfer is made. History: 1984, Act 431, Eff. Mar. 29, 1985 ;-- Am. 1988, Act 504, Imd. Eff. Dec. 29, 1988 ;-- Am. 1991, Act 72, Imd. Eff. July 11, 1991 ;-- Am. 1999, Act 8, Imd. Eff. Mar. 22, 1999 ;-- Am. 2018, Act 613, Eff. Mar. 29, 2019 Popular Name: Act 431Popular Name: DMBPopular Name: Rainy Day Fund
MI Comp L § 18.1356 (2021)
2021 Michigan Compiled Laws|Chapter 18 - Department of Management and Budget|Act 431 of 1984 - The Management and Budget Act (18.1101 - 18.1594)|Article 3 - (18.1301...18.1397)|Section 18.1356 - Balance in Fund; Rebate of Excess.

18.1356 Balance in fund; rebate of excess.Sec. 356.  The balance in the fund shall not exceed 15% of the combined level of general fund-general purpose and school aid fund revenues. If the balance in the fund at the end of a fiscal year exceeds 15% of the actual state general fund-general purpose and school aid fund revenues for that fiscal year, the excess shall be rebated to taxpayers on the individual income tax returns filed following the close of that fiscal year according to a schedule to be established by law. History: 1984, Act 431, Eff. Mar. 29, 1985 ;-- Am. 1999, Act 8, Imd. Eff. Mar. 22, 1999 ;-- Am. 2018, Act 613, Eff. Mar. 29, 2019 Popular Name: Act 431Popular Name: DMBPopular Name: Rainy Day Fund
MI Comp L § 18.1357 (2021)
2021 Michigan Compiled Laws|Chapter 18 - Department of Management and Budget|Act 431 of 1984 - The Management and Budget Act (18.1101 - 18.1594)|Article 3 - (18.1301...18.1397)|Section 18.1357 - Shortfall in State General Fund - General Purpose Revenue.

18.1357 Shortfall in state general fund - general purpose revenue. Sec. 357.  In each fiscal year in which a transfer to the fund takes place, if the state general fund-general purpose revenue falls short of the level upon which a balanced state general fund budget was adopted for that year and the shortfall cannot be attributed to a statutory change in the tax rate, the tax base, fee schedules, or any other change in the revenue sources by which the general fund estimate was made, an amount not to exceed the amount deposited into the fund for that fiscal year may, by majority vote of the members elected to and serving in each house, be appropriated from the fund to raise state general fund-general purpose revenue to the level originally anticipated. History: 1984, Act 431, Eff. Mar. 29, 1985 Popular Name: Act 431Popular Name: DMBPopular Name: Rainy Day Fund