Gov. Snyder signs next Michigan budget into law

4:32 PM, Jun 26, 2012   |    comments
Gov. Rick Snyder
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LANSING, Mich. (AP) -- The $48 billion spending plan for the budget year that starts Oct. 1 is law.

Michigan Gov. Rick Snyder has signed the budget bills during a ceremony Tuesday afternoon at the Romney Building across from the Capitol.

The package includes a small cut in individual income taxes, twice as much money for film credits, a slight increase in education funding and a down payment on school employees' health care costs in retirement.

The Republican-controlled House and Senate passed the budget bills three weeks ago. Snyder had the right to veto portions of the bills.

Democrats have criticized the GOP budget plan for not spending more on education.

From the Associated Press

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