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MI HB5352
Bill
Status
12/12/2017
Primary Sponsor
Jeffrey Yaroch
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AI Summary
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Amends the State School Aid Act of 1979 to modify Section 17a regarding withholding of school district payments for outstanding financial obligations.
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Replaces the term "emergency manager" with "emergency manager or a financial management team" to align with the Local Financial Stability and Choice Act, 2012 PA 436.
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Changes mandatory language from "shall" to "must" throughout the section for grammatical consistency.
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Clarifies that state school aid withheld by the department or state treasurer can be used to pay unpaid or subsequently due amounts of principal and interest on defaulted obligations.
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Takes effect 90 days after enactment, contingent upon the enactment of House Bill No. 5337.
Legislative Description
Education; financing; reference to emergency managers in the state school aid act of 1979; modify to include reference to financial management teams. Amends sec. 17a of 1979 PA 94 (MCL 388.1617a). TIE BAR WITH: HB 5337'17
Local government: other
Last Action
Bill Electronically Reproduced 12/12/2017
12/13/2017