2005 Senate Bill 276 ↩

Senate Roll Call 254: Passed

The Senate version of the Fiscal Year (FY) 2005-2006 Department of Labor and Economic Growth. This appropriates $1.389 billion in unadjusted gross spending, compared to $1.241 billion, which was the FY 2004-2005 amount enrolled in 2004. Of this, $87.7 million will come from the general fund, compared to the FY 2004-2005 amount of $94.5 million, and another $429.7 million from “restricted funds,” or earmarked tax and fee revenue, up from $290.5 million the previous year. the Senate version of the Fiscal Year (FY) 2005-2006 Department of Labor and Economic Growth. This appropriates $1.389 billion in unadjusted gross spending (funded from all sources, including special state restricted fund and federal pass-through dollars), compared to $1.241 billion, which was the FY 2004-2005 amount enrolled in 2004. Of this, $87.7 million will come from the general fund (funded by actual state tax revenues), compared to the FY 2004-2005 amount of $94.5 million. Another $429.7 million is from “restricted funds,” or earmarked tax and fee revenue, compared to $290.5 million the previous year. $70 million of the increase is from a proposed <a href="http://www.michiganvotes.org/2005-SB-533">$1 billion bond proposal</a> for “competitive edge technology” enterprises selected by government committees.