Appropriations: department of licensing and regulatory affairs; appropriations for fiscal year 2024-2025; provide for. Creates appropriation act.

HB 5514 provides funding for the Michigan Department of Licensing and Regulatory Affairs for the 2024-2025 fiscal year. The bill allocates approximately $636 million to cover departmental operations, including salaries for over 1,800 employees and administrative support. These funds come from various sources, such as fees collected from regulated industries like liquor licenses, marijuana registries, and public utilities, as well as federal grants and state general funds. Additionally, the legislation appropriates money for the Public Service Commission and the Liquor Control Commission to support their respective regulatory duties.