Michigan § 18.1302 - Definitions; A.
Full text of Michigan Michigan Compiled Laws § 18.1302 — Definitions; A., with citation guidance and answers to common questions.
§ 18.1302. Definitions; A.
(1) "Adjusted personal income" means the total personal income of this state, less transfer payments, adjusted for inflation. The adjustment for inflation shall be determined by reducing the total personal income of this state less transfer payments for a calendar year by the average of the Detroit consumer price index for the same calendar year.
(2) "Allocation of state financial resources" means the decision process to place priorities on services by proposing and appropriating money by law for state government services.
(3) "Allotment schedule" means the estimated periodic expenditures and obligations of appropriations constituting a spending plan.
(4) "Annual growth rate" means the percentage change in adjusted personal income for the current calendar year as compared to adjusted personal income for the calendar year immediately preceding the current calendar year. The annual growth rate shall be rounded off to the nearest 0.1%.
Frequently Asked Questions About Michigan § 18.1302
What does Michigan Compiled Laws § 18.1302 cover?
Section 18.1302 ("Definitions; A.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 18.1302?
A common citation format is "Michigan Compiled Laws § 18.1302" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 18.1302 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.