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MI HB4329
Bill
Status
7/14/2015
Primary Sponsor
Pat Somerville
Click for details
AI Summary
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Amends 2012 PA 436 by adding section 7a to allow the state treasurer to declare a financial emergency in a school district that fails to submit or comply with an enhanced deficit elimination plan required under the revised school code.
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Authorizes the state treasurer to recommend to the governor that an emergency manager be appointed to address the declared financial emergency within the noncompliant school district.
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Takes effect immediately upon approval, contingent on the enactment of House Bill 4327 and House Bill 4331 in the 98th Legislature.
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Effective date: July 7, 2015.
Legislative Description
Education; financing; school district placement under control of an emergency manager for failure to comply with enhanced deficit elimination plan; provide for. Amends 2012 PA 436 (MCL 141.1541 - 141.1575) by adding sec. 7a. TIE BAR WITH: HB 4327'15, HB 4331'15
State agencies (existing): treasury
Last Action
Assigned Pa 113'15 With Immediate Effect
7/14/2015