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Michigan’s projected revenue to support a roughly $80 billion state budget is steady and predictable, even if it’s not as flush as it was in recent years.
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The legislature reconvenes Tuesday with a focus on finalizing the new state budget.
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Budget negotiations will continue this week as Democrats and Republicans seek common ground on House and Senate proposals.
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Michigan’s Senate approved around $220-million in spending Wednesday, January 18, in the first bills passed this legislative session.Similar legislation came up last month. But lawmakers adjourned for the session without getting it across the finish line. That left budgets including human services and environmental protection unfinished.
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New revenue projections adopted today suggest the Michigan Legislature could have a 1.2 billion dollar budget more than expected to work with in the coming fiscal year.
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The governor, congresspeople, and other lawmakers gathered in Novi on Thursday, October 20, to cut the ribbon on a project approved for over $200 million in state incentives.The electric vehicle battery maker “Our Next Energy” plans to spend over a billion dollars on a new operation in Wayne County and other regional investment. A spending bill signed last month that fed money into a fund for attracting large-scale projects freed up money for the incentives.
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The Michigan Legislature wrapped up work on budget bills in a session that lasted through Thursday night and into early Friday morning.
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The Legislature took big steps this week with moving on budget bills. However, a big debate in the Michigan State House focused on the school aid budget and transgender athletes.
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The Michigan Senate advanced the bulk of its budget proposals for Michigan’s various departments on Tuesday.
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Michigan’s redistricting commission found out it’s likely facing a projected budget shortfall of over a million dollars—and gave itself a raise today.