Michigan § 18.1354 - Executive budget and appropriations bill; estimate of transfer into or out of fund; installments.
Full text of Michigan Michigan Compiled Laws § 18.1354 — Executive budget and appropriations bill; estimate of transfer into or out of fund; installments., with citation guidance and answers to common questions.
§ 18.1354. Executive budget and appropriations bill; estimate of transfer into or out of fund; installments.
(1) The executive budget for each fiscal year shall contain an estimate of the required transfer into the fund or the amount of funds recommended to be appropriated out of the fund required under section 352. The executive budget for each fiscal year shall not contain an estimate for a transfer out of the fund unless the annual growth rate is estimated to be less than 0% in that fiscal year.
(2) The legislature shall include the final amount of the transfer into the fund or the amount of funds appropriated out of the fund required under section 352 in the appropriations bill which contains the revenue estimate required by section 31 of article IV of the state constitution of 1963.
(3) A transfer into the fund shall be made in equal monthly installments throughout the fiscal year. A transfer out of the fund may be made as needed during the fiscal year.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 18.1354
What does Michigan Compiled Laws § 18.1354 cover?
Section 18.1354 ("Executive budget and appropriations bill; estimate of transfer into or out of fund; installments.") 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 § 18.1354?
A common citation format is "Michigan Compiled Laws § 18.1354" (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 § 18.1354 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.