MI SB0770

Appropriates $100 in state general fund/general purpose funding to the Department of Insurance and Financial Services for fiscal year ending September 30, 2015.

Total state spending from state resources under this appropriation is $100.00 with $0.00 to be paid to local units of government for fiscal year 2014-2015.

Appropriations are subject to the Management and Budget Act, 1984 PA 431, MCL 18.1101 to 18.1594.

Legislature intends to provide appropriations for fiscal year ending September 30, 2016 at the same levels as fiscal year 2014-2015, with adjustments for caseload changes, federal fund match rates, economic factors, and available revenue to be determined after January 2015 consensus revenue estimating conference.