January 26, 2011, Introduced by Reps. Somerville and Franz and referred to the Committee on Appropriations.
A bill to amend 1984 PA 431, entitled
"The management and budget act,"
by amending sections 323 and 491 (MCL 18.1323 and 18.1491).
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 323. The governor shall establish and maintain an
executive budget function through a state budget director. The
governor shall develop and present to the legislature an executive
budget proposal for the following fiscal period. The executive
budget proposal shall include proposed appropriations for state
program services and estimated or proposed revenue and resources
for all state operating funds. Proposed appropriations shall not
exceed the estimated financing in a state operating fund. The
executive budget function shall include the management and
execution of the state budget which is enacted into law to deliver
intended services within actual levels of financing in the state
operating funds. Beginning October 1, 2011, the fiscal period of
this state shall be for a period of not more than 2 fiscal years.
Sec.
491. The fiscal year of the state shall commence October
1
and continue through September 30. be
as follows:
(a) For the 2010-2011 fiscal year, commence October 1 and
continue through September 30.
(b) For the 2011-2012 fiscal year, commence October 1 and
continue through June 30.
(c) For the 2012-2013 fiscal year and for each fiscal year
thereafter, commence July 1 and continue through June 30.