Loading chat...
MI HB5343
Bill
Status
12/12/2017
Primary Sponsor
Jeffrey Yaroch
Click for details
AI Summary
-
Amends Section 1b of the Home Rule Village Act (1909 PA 278) to replace references to the Local Government Fiscal Responsibility Act (1988 PA 101) with references to the Local Financial Stability and Choice Act (2012 PA 436, MCL 141.1541-141.1575).
-
Expands the definition of oversight authority to include both emergency financial managers and financial management teams appointed under the Local Financial Stability and Choice Act for villages governed by the Home Rule Village Act.
-
Allows appointed emergency financial managers or financial management teams to exercise the same authority and responsibilities under the Local Financial Stability and Choice Act when managing villages under home rule governance.
-
Takes effect 90 days after enactment into law.
-
Contains a tie-bar provision requiring either Senate Bill No. ____ or House Bill No. 5337 to be enacted for this bill to take effect.
Legislative Description
Villages; home rule; reference to emergency managers in the home rule village act; modify to include reference to financial management teams. Amends sec. 1b of 1909 PA 278 (MCL 78.1b). TIE BAR WITH: HB 5337'17
Local government: other
Last Action
Bill Electronically Reproduced 12/12/2017
12/13/2017