2007 House Bill 5220

Appropriations: 2007-2008 Strategic Fund budget

Introduced in the House

Sept. 15, 2007

Introduced by Rep. Marsha Cheeks (D-6)

To provide the “template” or “place holder” for a Fiscal Year 2007-2008 Michigan Strategic Fund budget. This bill contains no appropriations, but may be amended to include them. It was introduced two weeks before the Oct. 1, 2007 deadline for adopting a 2007-2008 budget, with no agreement in sight regarding how to close a $1.7 billion gap between desired spending and expected revenue in this and preceding year’s budgets. The bill could be a “vehicle” for an eventual solution, or could become a short term “continuation budget” if a deal is not reached by Oct. 1.

Referred to the Committee on Appropriations