January 25, 2011, Introduced by Senator SCHUITMAKER and referred to the Committee on Appropriations.
A bill to amend 1984 PA 431, entitled
"The management and budget act,"
by amending section 451 (MCL 18.1451), as amended by 1999 PA 8.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 451. (1) At the close of the fiscal year, the
unencumbered
balance of each appropriation shall lapse to the state
fund
from which it was appropriated countercyclical
budget and
economic stabilization fund created in section 351. A document
which
that is not ascertainable before the cutoff date set by
the
director may be charged against a current year's appropriation if
the chief accounting officer determines that the state agency was
not willful in its failure to ascertain or record the document and
if the amount of the payment would not have exceeded the
unencumbered balance of the applicable appropriation in the prior
fiscal year.
(2) An encumbrance entered into within 15 days before the end
of the fiscal year and outstanding at the close of the fiscal year
is not a charge against that fiscal year but is charged to the next
succeeding fiscal year.