2007 Senate Bill 368 / Public Act 211

Require notarized signature for large county fund transfers

Introduced in the Senate

March 22, 2007

Introduced by Sen. Tony Stamas (R-36)

To require notarized signatures from either the county treasurer, county board chair, or county clerk on an order authorizing the transfer of more than $10,000 from any county fund or account.

Referred to the Committee on Local, Urban, and State Affairs

Oct. 18, 2007

Reported without amendment

With the recommendation that the substitute (S-1) be adopted and that the bill then pass.

Oct. 24, 2007

Substitute offered

To replace the previous version of the bill with one that instead imposes new bonding requirements for county treasurers.

The substitute passed by voice vote

Oct. 30, 2007

Passed in the Senate 37 to 0 (details)

To require counties to cover the county treasurer with a surety bond or blanket bond of at least $1.0 million.

Received in the House

Oct. 30, 2007

Referred to the Committee on Intergovernmental, Urban, and Regional Affairs

Dec. 13, 2007

Passed in the House 108 to 0 (details)

Signed by Gov. Jennifer Granholm

Dec. 27, 2007