2016 House Bill 5645

Authorize statewide vote on $515 million Detroit school bailout

Introduced in the House

May 11, 2016

Introduced by Rep. Pete Lucido (R-36)

To require the Detroit school district to pay the interest (but not the principal) on $515 million in state general obligation debt proposed by House Bill 5644 to bail out the insolvent school district.

Referred to the Committee on Appropriations