Gov. Gretchen Whitmer has signed Senate Bill 27 to appropriate $384.7 million in supplemental pandemic relief funding.
Signed by the governor on Monday afternoon, the bill also provides $10 million of financial support for Southeast Michigan families and businesses that endured massive flooding in June.
SB 27 was introduced by Sen. Jim Stamas, R-Midland, in January. The bill combines $367.7 million of federal COVID relief funding authorized through the Coronavirus Response and Relief Supplemental Appropriations Act and $17 million from the state’s general fund. Read More
Michigan budget officials Friday reached a consensus on revised economic and revenue figures for fiscal years 2021, 2022 and 2023.
The state general fund and school aid revenues will total $26.5 billion for the current budget year, exceeding January estimates by $2.2 billion. For the new budget cycle beginning Oct. 1, the agency projected revenues will total $26.6 billion, $1.3 billion more than January predictions.
A majority of that unexpected cash is a byproduct of billions of spending via stimulus checks and boosted unemployment benefits, which led to a spike in personal spending and increased state tax revenues by billions more than previously forecast. Read More
Gov. Gretchen Whitmer on Thursday signed House Bill 4469 which appropriates $37.8 million in Michigan Natural Resources Trust Fund grants for 76 recreation projects and land purchases throughout Michigan.
“The Michigan Natural Resources Trust Fund supports quality outdoor recreation, giving Michiganders the ability to safely enjoy the outdoors and boosting local economies,” Whitmer said in a statement. “This funding is crucial to helping communities utilize their natural resources and make Michigan’s public spaces more accessible and attractive to residents and visitors. I am proud to sign this piece of bipartisan legislation into law and support Michigan’s recreational resources and economy.”
The Michigan Natural Resources Trust Fund is a restricted fund established in 1976 to provide funding for public acquisition of lands for resource conservation and outdoor recreation. Read More