THE STATE SCHOOL AID ACT OF 1979 (EXCERPT)
Act 94 of 1979
388.1875a Construction or maintenance of self-liquidating project; finance requirements.
Funds appropriated in section 236 shall not be used by a public university to pay for the construction or maintenance of a self-liquidating project. A public university shall comply with section 238 of the management and budget act, 1984 PA 431, MCL 18.1238, and with the current use and finance requirements of the joint capital outlay subcommittee (JCOS) for any construction, renovation, or other capital outlay projects pursuant to JCOS policy. The appropriation in section 236 for a public university that fails to comply with JCOS reporting requirements shall be reduced by 1% for each violation.
History: Add. 2011, Act 62, Eff. Oct. 1, 2011
Am. 2012, Act 201, Eff. Oct. 1, 2012
Am. 2013, Act 60, Eff. Oct. 1, 2013
© 2015 Legislative Council, State of Michigan