Governor Signs 2011-2012 State Budget

Michigan Governor Rick Snyder signed House Bills 4325 and 4526 into Public Act 62 and 63, respectively, Tuesday – more than three months before the start of the 2011-2012 fiscal year. Flanked by dozens of Republican lawmakers, the Governor signed the actual bills just hours prior to them automatically going into effect without his signature.

The education budget did not receive any line-item vetoes, while the general government budget did. Further, the Governor was clear that several boilerplate provisions included were unenforceable, specifically noting that the provision requiring universities to report stem cell research activities would not be enforced.

The final product, nearly $38 billion, includes a $255 million deposit into the state’s Budget Stabilization or “Rainy Day” Fund, $280 million toward post-retirement liabilities and calls for $145 million in state employee concessions.

posted by PAA Online , Friday, June 24, 2011 10:36 AM
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