Legislation watch

Search all years.

2015 House Bill 4332: Increase municipal and school “emergency loan” funding

Public Act 116 of 2015

Introduced by Rep. Daniela Garcia (R) on March 10, 2015
To essentially eliminate a $50 million cap on the amount allocated through 2018 for “financial emergency” loans from the state to public school districts, and a $35 million cap on the amount of such loans to cities, townships, villages, and counties.   Official Text and Analysis.
Referred to the House Financial Liability Reform Committee on March 10, 2015
Reported in the House on March 25, 2015
Without amendment and with the recommendation that the bill pass.
Passed 105 to 4 in the House on April 23, 2015.
    See Who Voted "Yes" and Who Voted "No".
To increase from $50 million to $70 million the amount allocated through 2018 for “financial emergency” loans from the state to public school districts, and increase from $35 million to $48 million the amount of such loans to cities, townships, villages, and counties. See House Bill 4331.
Received in the Senate on April 28, 2015
Referred to the Senate Local Government Committee on April 28, 2015
Reported in the Senate on June 10, 2015
With the recommendation that the bill pass.
Signed by Gov. Rick Snyder on July 7, 2015

Comments