Terms Used In Michigan Laws 388.1880

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  (1) Included in the appropriation for fiscal year 2022-2023 for each public university in section 236 is funding for the Martin Luther King, Jr. – Cesar Chavez – Rosa Parks visiting professors program, which is intended to increase the number of instructors in the classroom to provide role models for academically or economically disadvantaged students. Preference may not be given to participants on the basis of race, color, ethnicity, gender, or national origin. Public universities should encourage participation from those who would otherwise not adequately be represented in the student population.
  (2) The department of labor and economic opportunity shall administer the program described in this section.
  (3) The amount allocated to each university is $10,494.00 and is subject to an award period of no more than 2 years. Each university receiving funds for fiscal year 2022-2023 under this section shall report to the department of labor and economic opportunity by April 15, 2023 the amount of its unobligated and unexpended funds as of March 31, 2023 and a plan to expend the remaining funds by the end of the fiscal year. The amount of funding reported as not being expended may be transferred, under the direction of the department, to another university for use under this section.
  
  

  Previous section
Next section  
 Article III Contents