Overview

STATE BUDGET
Michigan’s fiscal year begins on October 1st and ends on September 30th of the following calendar year. While there is no specific legal time requirement for passage of the budget bills, this task is accomplished prior to the beginning of the new fiscal year. Appropriations bills are usually considered and passed in April by the first house, in early June by the second house, and usually final action is completed in July.
STATE LEGISLATURE
Michigan has 38 members of the Senate, serving four-year terms, and 110 members of the House of Representatives, who serve two-year terms. The state does have term limits. The session of the Legislature begins on the second Wednesday of January every year at noon and lasts throughout the entire year until adjourning in late December. Bills carry over from odd to even years.
KEY RESOURCES
- Michigan State Legislature
- Michigan Office of the Attorney General
- Michigan Governor
- Michigan State Budget Office
Michigan Laws
Mich. Comp. Laws § 331.32. Legislative Declaration: Hospital Finance Authority Act – Michigan
Introduced: Status: Enacted
It is essential that hospitals within this state be provided with appropriate means at reasonable cost to maintain, expand, enlarge, and establish health care, hospitals, nursing care, certain retirement housing, and other related facilities
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Mich. Comp. Laws § 331.33. Definitions: Hospital Finance Authority Act – Michigan
Introduced: Status: Enacted
Defines terms relevant to chapter.
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Mich. Comp. Laws § 331.42. Powers of state authority: Hospital Finance Authority Act – Michigan
Introduced: Status: Enacted
The state authority has, among other powers, the authority to loan money to hospitals for the purpose of refinancing any outstanding indebtedness of a hospital if the state authority determines the refinancing is necessary to […]
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Mich. Comp. Laws § 331.43. Hospital loan from state authority; purpose; requirements; security; appointment of receiver; limitation on loan; repayment; interest: Hospital Finance Authority – Michigan
Introduced: Status: Enacted
The state authority may lend money to hospitals for the acquisition, construction, improvement, or alteration of hospital facilities.
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Mich. Comp. Laws § 331.51. Incorporation of local hospital authority; purposes: Hospital Finance Authority Act – Michigan
Introduced: Status: Enacted
An incorporating unit may incorporate a local hospital authority under this act for the purposes of constructing, acquiring, reconstructing, remodeling, improving, adding to, enlarging, repairing, owning, and leasing hospital facilities for the use of a […]
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