HOUSE BILL No. 5814

 

August 15, 2012, Introduced by Rep. LeBlanc and referred to the Committee on Appropriations.

 

      A bill to amend 1984 PA 431, entitled

 

"The management and budget act,"

 

by amending sections 353 and 358 (MCL 18.1353 and 18.1358),

 

section 353 as amended by 1999 PA 8 and section 358 as amended by

 

2002 PA 504.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

 1        Sec. 353. (1) In a calendar quarter following a calendar

 

 2  quarter in which the seasonally adjusted state unemployment rate

 

 3  as certified by the director of the department of career

 

 4  development or its successor is 8% or more, an amount may be

 

 5  appropriated from the fund by the legislature for the purposes

 

 6  listed in this section in accordance with the following table:

 

 


   Percent of seasonally                Percent of fund available

   adjusted unemployment                for economic stabilization

   in the calendar quarter              during the calendar quarter

   preceding the calendar               following a calendar quarter

   quarter in which an                  of high unemployment

   amount may be appropriated        

_______________________________       _______________________________

         8.0-11.9%                      2.5% of fund balance

                                        as of first day of

10                                         calendar quarter

11        12.0% and over                   5.0% of fund balance

12                                         as of first day of

13                                         calendar quarter

 

 

14        (2) The legislature may appropriate by law money from the

 

15  fund in the amounts as provided in this section to assist in the

 

16  following countercyclical economic stabilization purposes:

 

17        (a) Capital outlay.

 

18        (b) Public works and public service jobs.

 

19        (c) Refundable investment or employment tax credits against

 

20  state business taxes for new outlays and hiring in this state.

 

21        (d) Any other purpose the legislature may provide for in an

 

22  appropriation bill as provided by law. which provides employment

 

23  opportunities counter to the state's economic cycle.

 

24        (3) Notwithstanding subsections (1) and (2), there is hereby

 

25  appropriated $40,000,000.00 from the fund for the Michigan state

 

26  parks endowment fund. The appropriation provided for in this

 

27  subsection shall only be effective after the proceeds from the

 

28  sale of the accident fund have been transferred to the fund as


 

 1  provided for in section 701a of the worker's disability

 

 2  compensation act of 1969, 1969 PA 317, MCL 418.701a.

 

 3        Sec. 358. (1) Except as otherwise provided in this section,

 

 4  the legislature may make an emergency appropriation from the fund

 

 5  subject to all of the following conditions:

 

 6        (a) The maximum appropriation from the fund for budget

 

 7  stabilization as provided in section 352(2) has already been made

 

 8  for the current fiscal year.

 

 9        (b) The legislature has approved the emergency

 

10  appropriations bill by a 2/3 majority vote of the members elected

 

11  to and serving in each house.

 

12        (c) The emergency appropriations bill becomes law.

 

13        (2) The additional transfer from the fund may be made only

 

14  for the current fiscal year.

 

15        (3) For the fiscal year ending September 30, 2001, the

 

16  fiscal year ending September 30, 2002 and for each fiscal year

 

17  beginning with the fiscal year ending September 30, 2004 and

 

18  ending with the fiscal year ending September 30, 2016, there is

 

19  appropriated and transferred from the fund to the state trunk

 

20  line fund established under section 11 of 1951 PA 51, MCL

 

21  247.661, the sum of $35,000,000.00.

 

22        (4) For the fiscal year ending September 30, 2000, there is

 

23  appropriated and transferred from the fund to the state trunk

 

24  line fund established under section 11 of 1951 PA 51, MCL

 

25  247.661, the sum of $37,100,000.00.

 

26        (5) For the fiscal year ending September 30, 2000, an amount

 

27  equal to the unreserved general fund/general purpose balance


 

 1  transferred to the fund for the fiscal year ending September 30,

 

 2  2000, but not to exceed $62,900,000.00, is appropriated and

 

 3  transferred from the fund to the state trunk line fund

 

 4  established under section 11 of 1951 PA 51, MCL 247.661.

 

 5        (6) For fiscal year ending September 30, 2012, there is

 

 6  appropriated and transferred from the fund, $650,000.00 to local

 

 7  units of government to reimburse the costs of conducting a

 

 8  special election to fill a vacancy in the office of

 

 9  representative in congress as determined by the department.