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2012 House Bill 5416: Cap municipal pension board travel expenses and more
Introduced by Rep. John Walsh R-Livonia on February 21, 2012
To cap municipal pension board spending on board members travel and training expenses at $150,000 per year, and $30,000 per board member. The bill also proposes specific pension system transparency requirements; restricts investments in entities whose principles made large political contributions; revises limits on investments in non-publically traded companies; and more.   Official Text and Analysis.
Referred to the House Appropriations Committee on February 21, 2012