Introduced by Sen. Roger Kahn R-Saginaw on June 11, 2014
To remove current limitations on the amount of "surplus" funds that can be loaned by the state to municipalities and school districts through 2008. See also Senate Bill 955, which increases related emergency loan caps. Official Text and Analysis.
Referred to the Senate Appropriations Committee on June 11, 2014
Reported in the Senate on December 2, 2014
With the recommendation that the bill pass.
Amendment offered in the Senate on December 3, 2014
The amendment passed by voice vote in the Senate on December 3, 2014