CHICAGO — The Michigan Legislature late Thursday was poised to approve a final $46.5 billion 2012 spending plan, marking the earliest finish to the state’s fiscal budget process in three decades.

The budget largely follows Republican Gov. Rick Snyder’s proposed fiscal plan and adheres to his push to complete the process by May 31. Michigan’s fiscal year begins Oct. 1, though most of the state’s local governments have fiscal years that begin July 1.

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