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MI SR0126
Resolution
AI Summary
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Urges Congress and the President to provide additional federal funding to help state and local governments address budget shortfalls caused by the COVID-19 Pandemic.
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Notes Michigan's projected General Fund revenue loss of $2 billion and School Aid Fund decline of $1.2 billion for Fiscal Year 2020, with further deficits projected for 2021.
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Requests increased flexibility for states to use existing CARES Act funding beyond pandemic-specific expenses to address revenue shortfalls.
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Highlights that 99% of Michigan's 1,856 local governments received no direct federal aid under the CARES Act, which only covered municipalities with 500,000+ population.
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Directs transmission of the resolution to the President, Speaker of the House, President of the Senate, and Michigan's congressional delegation.
Legislative Description
A resolution to memorialize the Congress and President of the United States to provide additional funding to help state and local governments with significant budget shortfalls due to the COVID-19 Pandemic and to make existing COVID-19 funding more flexible.
Last Action
Referred To Committee On Appropriations
6/18/2020