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Sec. 21. (1) Notwithstanding any existing provision of law and in addition to any other appropriations provided by law, $1,000,000.00 is appropriated from the general fund to the authority for the fiscal year ending September 30, 2012 for all of the following purposes:
(a) Payment of operating expenses of the authority.
(b) Funding any reserve requirements.
(2) Money appropriated under this section that is not expended before the end of the state fiscal year ending September 30, 2012 shall not revert to the general fund, and the authority may retain and use it for the purposes authorized by subsection (1).
Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 12. State Treasurer § 12.291 - last updated February 09, 2022 | https://codes.findlaw.com/mi/chapter-12-state-treasurer/mi-comp-laws-12-291/
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