Regular Session Senate Bill 6 – Ratification of Constitutional Amendments: Reserve Fund
- Introduced Dec 01 10
- Passed House
- Passed Senate Jan 25 11
- Signed By Governor
- Bill Is Law
Issues
Description
to ratify the amendment to the state Constitution which would increase from three to five percent the amount of state General Fund revenue in the latest completed fiscal year required to be held in the General Reserve Fund; and to ratify the amendment, related to the capital reserve fund, to provide that monies in the capital reserve fund, in any year in which the General Reserve Fund does not have the required percentage of General Fund revenue, first must be used to fully replenish the applicable percentage amount in the General Reserve Fund before being used for other authorized purposes, which do not include offsetting midyear budget reductions
Roll Call Votes
- Jan 25 11
- Senate – Pass
- Jan 20 11
- Senate – Pass
Activity
- Jan 26 11
- House – Referred sent to HOUSE Ways and Means Committee committee
- Jan 25 11
- Senate Roll Call – Pass
- Jan 20 11
- Senate Roll Call – Pass
- Jan 11 11
- Senate – Referred sent to SENATE Finance Committee committee
About the Votes Project
The Votes project was founded in 2001 by the Mackinac Center for Public Policy, a non-partisan research and educational institute dedicated to improving the quality of life for all Michigan citizens by promoting sound solutions to state and local policy questions. Visit their website at www.mackinac.org.
Thanks to the following outstanding service providers
