Loading chat...
MI HB5344
Bill
Status
12/12/2017
Primary Sponsor
Jeffrey Yaroch
Click for details
AI Summary
-
Amends the Fourth Class City Act (1895 PA 215, MCL 81.1d) to expand references from "emergency financial manager" to include "financial management team"
-
Replaces references to the Local Government Fiscal Responsibility Act (1988 PA 101) with the Local Financial Stability and Choice Act (2012 PA 436, MCL 141.1541 to 141.1575)
-
Allows either an emergency manager or financial management team appointed under the 2012 act to exercise authority and responsibilities in fourth class cities to the extent authorized by that act
-
Takes effect 90 days after enactment into law
-
Contingent on passage of House Bill 5337 or another specified Senate Bill
Legislative Description
Cities; fourth class; reference to emergency managers in the fourth class city act; modify to include reference to financial management teams. Amends sec. 1d, ch. I of 1895 PA 215 (MCL 81.1d). TIE BAR WITH: HB 5337'17
Local government: other
Last Action
Bill Electronically Reproduced 12/12/2017
12/13/2017