2009 House Bill 4715 / Public Act 25

Allow lottery funds to be invested in state bonds

Introduced in the House

March 26, 2009

Introduced by Rep. Bert Johnson (D-5)

To allow undisbursed money from state lottery revenue to be invested in state bonds and notes.

Referred to the Committee on Regulatory Reform

April 22, 2009

Reported without amendment

Without amendment and with the recommendation that the bill pass.

April 23, 2009

Passed in the House 104 to 0 (details)

Received in the Senate

April 29, 2009

Referred to the Committee on Appropriations

May 7, 2009

Reported without amendment

With the recommendation that the bill pass.

Passed in the Senate 36 to 0 (details)

To allow undisbursed money from state lottery revenue to be invested in state bonds and notes.

Signed by Gov. Jennifer Granholm

May 12, 2009