Introduced by Sen. Hoon-Yung Hopgood D-Taylor on April 12, 2011
To allow the City of Ecorse to borrow $8.5 million to repay the tax revenue it collected for school districts but spent itself rather than delivering to the schools. The bill would also authorize procedures for using a contracted “third party tax collector,” with tax revenue collected to repay the debt deposited in an escrow account. Official Text and Analysis.
Referred to the Senate Education Committee on April 12, 2011
Reported in the Senate on April 14, 2011
With the recommendation that the substitute (S-2) be adopted and that the bill then pass.
Substitute offered in the Senate on April 28, 2011
To replace the previous version of the bill with one that revises details but does not change the substance as previously described.
The substitute passed by voice vote in the Senate on April 28, 2011