State Budget

The proposed new wholesale tax on marijuana products to fund road repairs in the next state budget and years down the road is much too high and would result in job losses for a booming Michigan cannabis industry, advocates and lawmakers said Tuesday as they rallied for a lower tax rate.

The Michigan Legislature legally has until Oct. 1 to pass a balanced state budget or else state government will shut down — as it has before. Past shutdowns have only lasted hours, but nonetheless impacted state parks, Secretary of State branches, unemployment offices and more.

Just two states in the nation have been unable to pass some form of a budget for the 2025-26 fiscal year – and now, they’re staring down significant consequences if their respective legislative bodies fail to act soon.

State transportation officials say 100 bridges across Michigan are currently without state funding to keep up with essential repairs and risk closing by 2035.

The Michigan Legislature will return to Lansing this week following its spring recess. Much of the focus over the next few months will be on the state budget.

Michigan has officially closed the books on the last fiscal year with a surplus that triggers an income tax cut of 0.2% for the 2023 tax year.

State funding for Michigan State University is going up under the newly-approved budget.

The state Legislature is on a summer break with much of the state budget still unfinished.That includes revenue sharing payments to local governments, as…

Governor Gretchen Whitmer’s budget chief and the Legislature’s Republican appropriations chairs announced they’re close to a final budget deal before the…

Michigan’s new budget attempts to tackle the shortage of employees in the state’s prisons.The boost in money for hiring new corrections officers would…