SB 1252 - Appropriates $600 Million to the Flint Water Settlement Trust Fund - Michigan Key Vote
Dale Zorn voted Yea (Passage) on this Legislation.
Timeline
- Executive Signed
- Dec. 30, 2020
- House Bill Passed
- Dec. 16, 2020
- Senate Bill Passed
- Dec. 9, 2020
- Introduced
- Dec. 3, 2020
Related Issues
Stage Details
Title: Appropriates $600 Million to the Flint Water Settlement Trust Fund
Signed by Governor Gretchen Whitmer
Title: Appropriates $600 Million to the Flint Water Settlement Trust Fund
Title: Appropriates $600 Million to the Flint Water Settlement Trust Fund
Vote Smart's Synopsis:
Vote to pass a bill that appropriates $600 million to the Flint water settlement trust fund.
Highlights:
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Establishes the Flint settlement trust fund created within the state treasury (Sec. 11).
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Authorizes the state treasurer to receive money or other assets from any source to deposit into the Flint settlement trust fund (Sec. 11).
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Specifies that money left in the Flint settlement trust fund at the close of a fiscal year shall remain in the Flint settlement trust fund and shall not lapse to the general fund (Sec. 11).
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Specifies that it is the intent of the legislature to make annual appropriations of $35 million from the general fund into the Flint Water Settlement Trust Fund each year from fiscal year 2021-2022 though the fiscal year ending September 30, 2051, after which the payments will cease (Sec. 11).
Title: Appropriates $600 Million to the Flint Water Settlement Trust Fund