2014 House Bill 5575 / Public Act 187

Detroit bankruptcy settlement and grant package - funding details

Introduced in the House

May 8, 2014

Introduced by Rep. Fred Durhal (D-5)

To create a "Michigan settlement administration authority” to manage the $194.8 million state grant (“bailout”) proposed by House Bill 5574 that would go toward a Detroit bankruptcy settlement. This is part of a legislative package consisting of House Bills 5566 to 5575 that are related to the Detroit bankruptcy and state grant.

Referred to the Committee on Detroit's Recovery and Michigan's Future

May 21, 2014

Reported without amendment

With the recommendation that the substitute (H-3) be adopted and that the bill then pass.

May 22, 2014

Substitute offered

The substitute passed by voice vote

Amendment offered by Rep. Thomas Stallworth (D-7)

To revise details in a way that gives the administration more discretion in allocating the Detroit grant fund source.

The amendment passed by voice vote

Passed in the House 75 to 35 (details)

Received in the Senate

May 27, 2014

Referred to the Committee on Government Operations

June 3, 2014

Reported without amendment

With the recommendation that the bill pass.

Passed in the Senate 21 to 17 (details)

To create a "Michigan settlement administration authority” to manage the $194.8 million state grant (“bailout”) proposed by House Bill 5574 that would go toward a Detroit bankruptcy settlement. This is part of a legislative package consisting of House Bills 5566 to 5575 that are related to the Detroit bankruptcy and state grant.

Signed by Gov. Rick Snyder

June 19, 2014