Michigan Compiled Laws § 129.277 Appropriation.


129.277 Appropriation.

Sec. 17.

(1) One million dollars is appropriated from the general fund to the authority for the fiscal year ending September 30, 2006 for all of the following purposes:

(a) Payment of operating expenses of the authority.

(b) Funding any reserve requirements.

(2) Money appropriated under this section that is not expended before the end of the state fiscal year ending September 30, 2006 shall not revert to the general fund and may be retained and used by the authority for the purposes authorized by subsection (1).


History: 2005, Act 226, Imd. Eff. Nov. 21, 2005


Section: Previous  129.266  129.267  129.268  129.269  129.270  129.271  129.272  129.273  129.274  129.275  129.276  129.277  129.278  129.279    Next

Last modified: October 10, 2016