Introduced by Rep. Laura Cox R-Livonia on March 2, 2016
To revise a 1999 law that authorizes prefunding post-retirement health insurance benefits for government employees, so as to accommodate the Detroit city bankruptcy and a potential Detroit school district bankruptcy. Among other things the bill creates rules for compensation paid to board members on government trusts created for this purpose. Official Text and Analysis.
Referred to the House Financial Liability Reform Committee on March 2, 2016