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MI HB5459
Bill
Status
2/20/2024
Primary Sponsor
Amos O'Neal
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AI Summary
HB 5459 Summary
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Appropriates $13,000,000 from state general fund for fiscal year ending September 30, 2024, with $10,000,000 distributed to local units of government.
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Establishes $10,000,000 back office grant program through Department of Treasury administered by a qualified nonprofit to provide grants to local governments for finance, human resources, and information technology operations, with local match requirements based on financial need.
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Allocates $3,000,000 for back office infrastructure investments through contract with a qualified accounting firm to create statewide talent acquisition and training program for local government staff in finance, human resources, and information technology.
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Designates both programs as work project appropriations with unencumbered funds available through September 30, 2028, allowing multi-year project completion rather than lapsing at fiscal year end.
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Requires qualified accounting firm to meet licensing requirements, provide bundled and ad hoc services across finance/HR/IT, maintain SEC and FINRA registration, and have physical locations across Michigan's prosperity regions.
Legislative Description
Appropriations: supplemental; funding for infrastructure investment and grant programs; provide for. Creates appropriation act.
Appropriations: supplemental
Last Action
Bill Electronically Reproduced 02/20/2024
2/21/2024