State management: funds; withholding of payments to the federal government; provide for. Amends 1984 PA 431 (MCL 18.1101 - 18.1594) by adding sec. 143. TIE BAR WITH: HB 6122'26

This bill requires the state treasurer to calculate and report specific monthly funds to various legislative committees and state budget offices. The funds in question are those designated for withholding from payments made to the federal government, as previously outlined in the state's management and budget act. The legislation does not take effect unless it is passed together with a companion bill, HB 6122, which addresses the actual withholding of those federal payments. Essentially, this measure establishes a reporting process to ensure that the legislature is informed about the amounts the state intends to withhold from federal transfers.