Introduced
by
To revise a law that allows a state "Michigan State Housing Development Authority” to "buy back” commercial housing market bond loans and debt it has assumed. The bill would permit rather than require the state to cancel such “repurchased” bond debt.
Referred to the Committee on Financial Services
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Passed in the House 96 to 9 (details)
Referred to the Committee on Finance
