Introduced
by
To bail out certain local governments to earmark $10 million of the money the state borrowed under a “Great Lakes Water Quality Bond” program into a fund that would be created by House Bill 4148, which would bail out local governments that authorized property tax “special assessments” to pay the debt they incurred providing infrastructure for subdivision developments that are now less than 20 percent completed (and so are not paying the expected special assessments).
Referred to the Committee on Local, Intergovernmental, and Regional Affairs
