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The state treasurer of Michigan functions as the chief financial officer for the U.S. state of Michigan.The state treasurer oversees the collection, investment, and disbursement of all state monies, and also administers major tax laws, safeguards the credit of the state, and distributes revenue sharing monies to local units of government.
Department of Agriculture & Rural Development. Department of Attorney General. Department of Civil Rights. Department of Corrections. Department of Education. Department of Environment, Great Lakes, and Energy. Department of Health and Human Services. Department of Insurance & Financial Services.
Supremacy Clause; 4 U.S.C. § 111. Davis v. Michigan Department of Treasury, 489 U.S. 803 (1989), is a case in the Supreme Court of the United States holding that states may not tax federal pensions if they exempt their own state pensions from taxation. [1] In the 1930s, the federal and state governments began to charge income tax on salaries ...
As of September 30, 2017, the system serves 203,981 active members and 213,989 retirees and beneficiaries. The net assets of the Michigan Public School Employees' Retirement System, valued at $52.2 billion as of September 30, 2017, are invested by the Michigan Department of the Treasury, Bureau of Investments.
The Michigan Department of Management and Budget (DMB) was formed in 1984 by law as a principal department of state government. Created within the department, under the same law, was the Office of the State Budget Director. In 1979, the Governor created an autonomous Office of the State Employer within the department.
The Michigan Legislature is the state legislature of the U.S. state of Michigan. It is organized as a bicameral institution consisting of the Senate, the upper house, and the House of Representatives, the lower house. Article IV of the Michigan Constitution, adopted in 1963, defines the role of the legislature and how it is to be constituted.
This created the Michigan Gaming Control Board under the Michigan Department of Treasury. On October 8, 2009, the Governor of Michigan, Jennifer Granholm, signed Executive Order 2009–45, abolishing the Racing Commissioner and transferring its duties to the Michigan Gaming Control Board executive director, effective January 17, 2010.
Rachael Eubanks. Rachael Anne Eubanks is the 47th Michigan State Treasurer . Before being state treasurer, Eubanks was appointed by Governor Rick Snyder to serve on the Michigan Public Service Commission as a utility regulatory commissioner in 2016, and was reappointed in 2017. She stepped down from this position when she was appointed as state ...