Blog categorized as Budget

$3,500 Child Tax Credit Could Halve Mis Child Poverty Rate

11/18/22 01:11 PM - By Team MIRS - Comment(s)
$3,500 Child Tax Credit Could Halve Mis Child Poverty Rate
A refundable state child tax credit of $3,500, with an extra 20% for kids under six, could cut Michigan’s child poverty rate by half, according to a joint report

Fiscal Agency Reports Show More Money Still Rolling In

10/14/22 09:19 AM - By Team MIRS - Comment(s)
Fiscal Agency Reports Show More Money Still Rolling In
The crystal ball is a little murky as to what the lame duck session will tackle given all the unknowns out there, but one thing for sure, if lawmakers want to come back and spend a little more cash, they will have more than a "little more."

Half Of SOAR Fund Set Aside For 3 Projects

10/06/22 05:05 PM - By Team MIRS - Comment(s)
Half Of SOAR Fund Set Aside For 3 Projects
Gov. Gretchen Whitmer was joined by a host of CEOs, bureaucratic leaders, education leaders, politicians, and media

Redistricting Commission Isn't Funded As Of Saturday

09/30/22 09:42 AM - By Team MIRS - Comment(s)
Redistricting Commission Isn't Funded As Of Saturday
The Michigan Independent Citizens Redistricting Commission (MICRC) is going into Fiscal Year 2023 on Saturday, Oct. 1 without a budget being approved by the Legislature, even as the board moved to switch the executive director position to a part-time.

Governor Wants $500M More For SOAR Fund; House Wants Tax Cut; Senate Wants Infrastructure Money

09/22/22 09:17 AM - By Team MIRS - Comment(s)
Governor Wants $500M More For SOAR Fund; House Wants Tax Cut; Senate Wants Infrastructure Money
The Whitmer administration wants the Legislature to put another $500 million into the new Strategic Outreach and Attraction Reserve (SOAR) Fund