2012 Legislative Activity

 

 

Michigan Turnaround Plan Recommendation Progress
Step 1: Responsibly manage finances
• Structurally balanced budget based on a multi-year spending plan
• Fiscal notes for all legislation and regulations
• Reduced state debt levels
• Memorialize sound fiscal practices
Step 2: Efficiently and effectively provide public services
• Transition public school employees to a defined contribution retirement system
• Bring spending on Corrections in line with the Great Lakes average
Step 3: Create a competitive business climate
• Phase-out the Personal Property Tax
• Align state and federal regulatory standards
• Implement regulatory reforms
• Improve regulatory customer service
Step 4: Strategically invest for future growth
• Increase higher education funding for public institutions progressing toward, meeting, or exceeding outcome-based performance metrics
• Support strategic infrastructure improvements such as New International Trade Crossing