Article IX § 37 Michigan Veterans’ Trust Fund.
§ 37 Michigan veterans’ trust fund. Sec. 37. The Michigan veterans’ trust fund is established within the department of treasury. All money in the fund established by 1946 (1st Ex Sess) PA 9 shall be transferred to the Michigan veterans’ trust fund. The trust fund may additionally receive appropriations, money, or other things of value. […]
Article IX § 38 Michigan Veterans’ Trust Fund Board of Trustees; Establishment.
§ 38 Michigan veterans’ trust fund board of trustees; establishment. Sec. 38. The Michigan veterans’ trust fund board of trustees is established and consists of veterans honorably discharged from the armed services and appointed by the governor as prescribed by law. History: Add. H.J.R. H., approved Nov. 5, 1996, Eff. Dec. 21, 1996
Article IX § 39 Michigan Veterans’ Trust Fund Board of Trustees; Administration of Trust Fund.
§ 39 Michigan veterans’ trust fund board of trustees; administration of trust fund. Sec. 39. The Michigan veterans’ trust fund board of trustees shall administer the Michigan veterans’ trust fund. The board of trustees shall not authorize the expenditure or transfer of a trust fund asset, interest, or earnings unless the board of trustees determines […]
Article IX § 40 Michigan Conservation and Recreation Legacy Fund.
§ 40 Michigan conservation and recreation legacy fund. Sec. 40. The Michigan conservation and recreation legacy fund is established. The state treasurer shall direct the investment of the legacy fund. The state treasurer shall establish within the legacy fund restricted accounts as authorized by this section and may establish additional subaccounts as authorized by law. […]
Article IX § 41 Michigan Game and Fish Protection Trust Fund.
§ 41 Michigan game and fish protection trust fund. Sec. 41. The Michigan game and fish protection trust fund is established. The Michigan game and fish protection trust fund shall consist of revenue derived from bonuses, rentals, delayed rentals, royalties, and other revenues collected or reserved by the state under leases or direct sale contracts […]
Article IX § 42 Michigan Nongame Fish and Wildlife Trust Fund.
§ 42 Michigan nongame fish and wildlife trust fund. Sec. 42. The Michigan nongame fish and wildlife trust fund is established. The Michigan nongame fish and wildlife trust fund shall consist of revenue designated by a member of the public for the benefit of nongame fish and wildlife. The Michigan nongame fish and wildlife trust […]
Article IX § 28 Limitation on Expenses of State Government.
§ 28 Limitation on expenses of state government. Sec. 28. No expenses of state government shall be incurred in any fiscal year which exceed the sum of the revenue limit established in Sections 26 and 27 of this Article plus federal aid and any surplus from a previous fiscal year. History: Add. Initiated Law, approved […]
Article IX § 29 State Financing of Activities or Services Required of Local Government by State Law.
§ 29 State financing of activities or services required of local government by state law. Sec. 29. The state is hereby prohibited from reducing the state financed proportion of the necessary costs of any existing activity or service required of units of Local Government by state law. A new activity or service or an increase […]
Article IX § 30 Reduction of State Spending Paid to Units of Local Government.
§ 30 Reduction of state spending paid to units of local government. Sec. 30. The proportion of total state spending paid to all units of Local Government, taken as a group, shall not be reduced below that proportion in effect in fiscal year 1978-79. History: Add. Initiated Law, approved Nov. 7, 1978, Eff. Dec. 23, […]
Article IX § 31 Levying Tax or Increasing Rate of Existing Tax; Maximum Tax Rate on New Base; Increase in Assessed Valuation of Property; Exceptions to Limitations.
§ 31 Levying tax or increasing rate of existing tax; maximum tax rate on new base; increase in assessed valuation of property; exceptions to limitations. Sec. 31. Units of Local Government are hereby prohibited from levying any tax not authorized by law or charter when this section is ratified or from increasing the rate of […]