June 7, 2007, Introduced by Senator GARCIA and referred to the Committee on Appropriations.
A bill to amend 1976 PA 451, entitled
"The revised school code,"
(MCL 380.1 to 380.1852) by adding section 1219.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 1219. (1) Beginning with the budget for the 2008-2009
school fiscal year, the board of a school district or intermediate
school district or the board of directors of a public school
academy shall ensure that the portion of the annual budget from all
funding sources for the school district, intermediate school
district, or public school academy that is for compensation for
employees does not exceed 85% of the total annual budget from all
funding sources.
(2) As used in this section, "compensation" means wages and
fringe benefits, as those terms are defined in section 1 of 1978 PA
390, MCL 408.471, and the employer share of retirement, medical,
optical, or dental benefits and other insurance coverage.