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MI HB5340
Bill
Status
12/12/2017
Primary Sponsor
Jeffrey Yaroch
Click for details
AI Summary
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Amends the 1966 Charter County Act to update references from the Local Government Fiscal Responsibility Act (1988 PA 101) to the Local Financial Stability and Choice Act (2012 PA 436).
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Expands the definition of oversight authority to include both emergency financial managers and financial management teams appointed under the 2012 PA 436.
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Grants emergency financial managers or financial management teams in charter counties the authority and responsibilities authorized under the Local Financial Stability and Choice Act.
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Updates references to emergency municipal loan authority, replacing references to 1980 PA 243 with clarified citations to the Emergency Municipal Loan Act.
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Takes effect 90 days after enactment and is contingent upon passage of House Bill 5337 or a Senate bill (tie-bar provision).
Legislative Description
Counties; charter; reference to emergency managers in 1966 PA 293 regarding charter counties; modify to include reference to financial management teams. Amends sec. 1a of 1966 PA 293 (MCL 45.501a). TIE BAR WITH: HB 5337'17
Local government: other
Last Action
Bill Electronically Reproduced 12/12/2017
12/13/2017