DE­PART­ING MICHI­GAN GOV. RICK

The Bond Buyer - - Front Page -

Sny­der signed off on more than $1 bil­lion of sup­ple­men­tal spend­ing be­fore hand­ing the reins of state gov­ern­ment to Gretchen Whit­mer. Sny­der, who served two terms, the max­imim al­lowed un­der Michi­gan’s term limit laws, signed the leg­is­la­tion Fri­day al­lo­cat­ing about $1.3 bil­lion of state and fed­eral dol­lars made pos­si­ble with avail­able rev­enue from in­creased tax col­lec­tions, funds not spent by state agen­cies, and ad­di­tional fed­eral match­ing dol­lars.

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