MI SB0792

Requires the governor to submit executive budget bills to the legislature and fiscal agencies that include itemized statements of estimated state spending to local units of government.

Mandates disclosure of unfunded accrued liabilities of the state, including unfunded legacy costs of health care and pensions for each department, legislative branch, and judicial branch.

Requires individual line item amounts with the number of FTE positions to be funded by each line item in the proposed expenditures.

Specifies that one executive budget bill and one enacted budget bill must contain estimated revenue for each state operating fund with sufficient detail for comparison to actual revenue.

Requires budget bills to include summary totals for each state operating fund showing recommended expenditures are within proposed and estimated resources, plus a statement of state spending to local government units and the state-local proportion.