Michigan § 18.1350c - Prohibited expenditures; amount withdrawn from countercyclical budget and economic stabilization fund considered surplus.
Full text of Michigan Michigan Compiled Laws § 18.1350c — Prohibited expenditures; amount withdrawn from countercyclical budget and economic stabilization fund considered surplus., with citation guidance and answers to common questions.
§ 18.1350c. Prohibited expenditures; amount withdrawn from countercyclical budget and economic stabilization fund considered surplus.
Expenditures of state government which exceed the sum of the following amounts shall not be incurred in any fiscal year:
The revenue limit established in section 350b.
A surplus from a previous year.
Federal aid.
Taxes imposed for the payment of principal and interest on bonds, approved by the voters and authorized under section 15 of article IX of the state constitution of 1963 .
Loans to school districts authorized under section 16 of article IX of the state constitution of 1963.
The dollar amount of an emergency established pursuant to section 27 of article IX of the state constitution of 1963.
Other amounts excluded from the calculation of the revenue limit under the definition established in section 350a.
For the purposes of this section, an amount withdrawn from the countercyclical budget and economic stabilization fund created pursuant to section 351 shall be considered a surplus.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 18.1350c
What does Michigan Compiled Laws § 18.1350c cover?
Section 18.1350c ("Prohibited expenditures; amount withdrawn from countercyclical budget and economic stabilization fund considered surplus.") 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 § 18.1350c?
A common citation format is "Michigan Compiled Laws § 18.1350c" (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 § 18.1350c 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.