Bill
SB 3045
Overview: SB 3045, titled "Appropriation; Treasurer's Office", died in conference after being introduced on April 11, 2025.Purpose and Intent: The bill sought to appropriate funds
Overview: SB 3045, titled "Appropriation; Treasurer's Office", died in conference after being introduced on April 11, 2025.
Purpose and Intent: The bill sought to appropriate funds to the Michigan State Treasurer's Office for the 2025-2026 fiscal year. The appropriation would have provided the necessary resources for the Treasurer's Office to carry out its duties and responsibilities in managing the state's finances.
Key Provisions:
- Appropriated a total of $25.3 million to the Treasurer's Office
- Allocated funds for various operational expenses, including:
- Personnel costs
- Information technology systems
- Debt management activities
- Financial education and outreach programs
Affected Parties and Impacts: The Treasurer's Office and the state's financial management would have been directly affected by the appropriation. The funding would have enabled the office to maintain its operations and continue providing essential services to the state government and its citizens.
Procedural and Timeline Considerations: The bill died in conference, meaning it did not pass both the Senate and the House of Representatives before the legislative session ended. The failure to enact this appropriation may have had implications for the Treasurer's Office's ability to function effectively in the upcoming fiscal year.
Compiled from official sources — confirm details with the bill’s official record.
Sign in to ask a question.
