HB 5054 - Appropriates $1.15 Billion to Fund Local Government Pension Programs - Michigan Key Vote
Matt Koleszar voted Yea (Passage) on this Legislation.
Timeline
- Referred to Committee
- March 2, 2022
- House Bill Passed
- March 1, 2022
- Introduced
- June 17, 2021
Related Issues
Stage Details
Title: Appropriates $1.15 Billion to Fund Local Government Pension Programs
Title: Appropriates $1.15 Billion to Fund Local Government Pension Programs
Vote Smart's Synopsis:
Vote to pass a bill that appropriates $1.15 billion to fund local government pension programs.
Highlights:
-
Appropriates $1.5 billion from the department of treasury for various state departments and agencies for the fiscal year ending September 30, 2022, including, but not limited to (Sec. 101):
-
$900 million for the municipal pension principal payment grant;
-
$250 million for the pension best practices and debt reduction grant program; and
-
$350 million for the state police retirement system deposit.
Title: Appropriates $1.15 Billion to Fund Local Government Pension Programs