Section 18.1305 - Definitions; T, U.
THE MANAGEMENT AND BUDGET ACT (EXCERPT)
Act 431 of 1984
18.1305 Definitions; T, U.
Sec. 305.
(1) “Total state spending” means the sum of state operating fund expenditures, not including transfers between funds.
(2) “Total state spending from state sources” means the sum of state operating fund expenditures not including transfers between funds, federal aid, and restricted local and private sources of financing.
(3) “Transfer payments” means as defined by the bureau of economic analysis of the United States department of commerce or its successor.
(4) “Unit of local government” means unit of local government as defined in section 115(5).
History: 1984, Act 431, Eff. Mar. 29, 1985 ;-- Am. 1999, Act 8, Imd. Eff. Mar. 22, 1999
Popular Name: Act 431
Popular Name: DMB