MI HB4861

Requires emergency managers appointed by the governor to post a bond of at least $5,000,000 issued by a responsible bonding entity for faithful performance of duties.

Emergency managers forfeit the bond if their conduct amounts to gross negligence or willful and wanton misconduct, and are responsible for all damages, expenses, and costs associated with such conduct.

Removes governmental immunity protection previously granted to emergency managers under 1964 PA 170 (MCL 691.1401-691.1419).

Authorizes emergency managers to procure and maintain worker's compensation, general liability, professional liability, and motor vehicle insurance at the local government's expense.

Requires local governments in receivership to pay litigation expenses and legal fees for emergency managers and their employees/agents from local government funds, subject to state treasurer approval.

Takes effect 90 days after enactment and is contingent on passage of HB 4862.