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2011 Senate Bill 318: Allow Ecorse to pay court judgement with new borrowing

Public Act 36 of 2011

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
Passed 37 to 0 in the Senate on April 28, 2011.
    See Who Voted "Yes" and Who Voted "No".
Received in the House on April 28, 2011
Referred to the House Local, Intergovernmental, and Regional Affairs Committee on April 28, 2011
Reported in the House on May 5, 2011
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Substitute offered in the House on May 17, 2011
To replace the previous version of the bill with one that allows Ecorse to increase the cap on this new borrowing from 10 percent to 12 percent of the assessed value of all property in the city.
The substitute passed by voice vote in the House on May 17, 2011
Amendment offered by Rep. Paul D. Clemente D-Lincoln Park on May 18, 2011
To allow the city to use the borrowed money to pay the administrative costs of borrowing the money.
The amendment passed by voice vote in the House on May 18, 2011
Passed 106 to 0 in the House on May 18, 2011.
    See Who Voted "Yes" and Who Voted "No".
Received in the Senate on May 19, 2011
To concur with the House-passed version of the bill.
Passed 37 to 1 in the Senate on May 19, 2011.
    See Who Voted "Yes" and Who Voted "No".
Signed by Gov. Rick Snyder on May 24, 2011

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