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2019 House Bill 4908: Increase cap on state housing subsidy debt

Public Act 73 of 2020

Introduced by Rep. Karen Whitsett D-Detroit on September 3, 2019
To increase to $5 billion the current $3.4 billion cap on the amount of debt backed by the Michigan State Housing Developing Authority, which subsidizes housing developers and loans.   Official Text and Analysis.
Referred to the House Financial Services Committee on September 3, 2019
Reported in the House on October 16, 2019
Refer to the Committee on Ways and Means.
Referred to the House Ways and Means Committee on October 16, 2019
Reported in the House on November 5, 2019
Without amendment and with the recommendation that the bill pass.
Received in the Senate on November 12, 2019
Referred to the Senate Appropriations Committee on November 12, 2019
Reported in the Senate on March 5, 2020
With the recommendation that the bill pass.
Signed by Gov. Gretchen Whitmer on April 2, 2020