Introduced
by
To use $72 million in revenue from the state’s share of a 1998 tobacco company lawsuit settlement to cover the cost of bailing out the Detroit school district debt from debt incurred by overspending its revenues. The bill would create a trust fund to accommodate this. Tobacco lawsuit money is currently used to cover many regular government program expenses.
Referred to the Committee on Appropriations
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
