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MI SB1429
Bill
AI Summary
- Superintendent of public instruction must submit nominees within 30 days of determining a school district has a financial emergency to serve as emergency financial manager
- State board selects no more than 3 nominees from superintendent's list and submits to governor for appointment with senate advice and consent
- Emergency financial manager must be chosen based solely on fiscal competence and cannot have been a school district official or employee for at least 5 years prior to appointment
- Annual salary for emergency financial manager capped at the annual salary of the governor
- Emergency financial manager serves a fixed term not to exceed 1 year and may be renewed annually for not more than 1 additional year
Legislative Description
Education; school districts; salary cap on school emergency financial manager; provide for. Amends sec. 38 of 1990 PA 72 (MCL 141.1238).
Labor, hours and wages
Last Action
Referred To Committee On Education
7/21/2010
Committee Referrals
Education7/21/2010
Full Bill Text
No bill text available