38.1392c Appropriation.
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38.1392c Appropriation.
Sec. 92c.
(1)There is appropriated for the fiscal year ending September 30, 2017, $5,000,000.00 to the office of retirement services in the department for administration of the changes under the amendatory act that added this section.
(2)The appropriation authorized in subsection
(1)is a work project appropriation, and any unencumbered or unallotted funds are carried forward into the following fiscal year. The following is in compliance with section 451a(1) of the management and budget act, 1984 PA 431, MCL 18.1451a:
(a)The purpose of the project is to administer changes under the amendatory act that added this section.
(b)The work project will be accomplished through a plan utilizing interagency agreements, employees, and contracts.
(c)The total estimated completion cost of the work project is $5,000,000.00.
(d)The estimated completion date for the work project is September 30, 2018.
History: Add. 2017, Act 92 , Imd. Eff. July 13, 2017
Popular Name: Act 300