Michigan SB0178 allocates $100 million for the Department of Insurance and Financial Services for fiscal year 2025-2026.
Michigan SB0178 provides a $100 million appropriation for the Department of Insurance and Financial Services for the fiscal year ending September 30, 2026. The funds are sourced from the State General Fund/General Purpose. This appropriation is in line with the state constitution and is subject to the management and budget act. The bill ensures that the total state spending from state sources is $100.00, with no allocation to local units of government.
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