2017 House Bill 4602 / 2018 Public Act 613

Restrict rainy day fund appropriations

Introduced in the House

May 11, 2017

Introduced by Rep. Laura Cox (R-19)

To prohibit the legislature from appropriating money from the state rainy day fund in a year when the aggregate state personal income growth is above zero, and revise details of rules on how much may be withdrawn from the fund in other years.

Referred to the Committee on Appropriations

Sept. 26, 2018

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Oct. 3, 2018

Passed in the House 72 to 35 (details)

To prohibit the legislature from appropriating money from the state rainy day fund in a year when the aggregate state personal income growth is above zero, and revise details of rules on how much may be withdrawn from this fund in other years.

Received in the Senate

Nov. 8, 2018

Referred to the Committee on Appropriations

Dec. 6, 2018

Reported without amendment

With the recommendation that the bill pass.

Dec. 19, 2018

Passed in the Senate 26 to 12 (details)

To prohibit the legislature from appropriating money from the state rainy day fund in a year when the aggregate state personal income growth is above zero, and revise details of rules on how much may be deposited or withdrawn from this fund in other years. Also, to authorize using.

Received in the House

Dec. 20, 2018

Passed in the House 73 to 35 (details)

To concur with the Senate-passed version of the bill.

Signed by Gov. Rick Snyder

Dec. 28, 2018