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MI SB0674
Bill
AI Summary
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Permits authorities and constituent municipalities or Indian tribes to contract for acquisition, construction, improvement, and financing of sewage disposal, water supply, and solid waste management systems.
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Allows contracting municipalities to pledge full faith and credit and levy unlimited taxes (if approved by electors) to pay contractual obligations over periods not exceeding 40 years.
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Authorizes municipalities to raise funds through special assessments, user charges, connection charges, state-derived funds, and other valid sources.
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Exempts contracts from the Revised Municipal Finance Act (2001 PA 34) while allowing authorities to issue bonds secured by municipal full faith and credit pledges.
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Effective immediately upon filing with the Secretary of State on December 14, 2009.
Legislative Description
Environmental protection; sewage; intermunicipal water and sewer authority; authorize to contract with Indian tribe for payment of system construction costs. Amends sec. 7 of 1955 PA 233 (MCL 124.287).
Tribal law, generally
Last Action
Assigned Pa 0163'09 With Immediate Effect
12/17/2009