HB 4505
State management: funds; money in the disaster and emergency contingency fund; modify the required minimum and maximum amount of. Amends sec. 18 of 1976 PA 390 (MCL 30.418).
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill adjusts the minimum and maximum amounts that can be held in Michigan’s Disaster and Emergency Contingency Fund. It increases the minimum amount the fund must hold to $7.5 million and raises the maximum to $15 million. The bill also clarifies that funds remaining at the end of a fiscal year will be carried forward for future use, and outlines provisions for using the fund to cover overtime, travel, and subsistence expenses during emergencies, as well as matching federal disaster relief funds.
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