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MI HB6409
Bill
Status
11/12/2020
Primary Sponsor
Kyra Bolden
Click for details
AI Summary
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Changes notice requirement for municipal securities from "publish" to "provide" notice to electors through December 31, 2021.
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Requires municipalities to publish notices in newspapers with general circulation through December 31, 2021, with minimum 1/4 page size.
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Beginning January 1, 2022, municipalities must post notices according to the local government public notice act instead of newspaper publication.
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Maintains existing referendum petition requirements (45-day period, 10% or 15,000 registered electors minimum signature threshold).
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Takes effect only if Senate Bill No. ____ or House Bill No. 6440 is enacted into law.
Legislative Description
State financing and management: bonds; public notice in the revised municipal finance act; revise to make reference to the local government public notice act. Amends sec. 517 of 2001 PA 34 (MCL 141.2517).
State financing and management: bonds
Last Action
Bill Electronically Reproduced 11/18/2020
11/18/2020