A bill to amend 2001 PA 34, entitled “Revised municipal finance act,” by amending sections 303 and 319 (MCL 141.2303 and 141.2319), section 303 as amended by 2011 PA 5 and section 319 as amended by 2002 PA 541.
SB 575 updates Michigan's municipal finance laws by tightening reporting deadlines, increasing and indexing fees, expanding compliance requirements, and enhancing oversight of municipal securities issuance to promote fiscal responsibility and transparency.
Introduced
by
Referred to the Committee on Appropriations
Discharged from committee
Referred to the Committee of the Whole
Reported without amendment
Passed in the Senate 19 to 17 (details)
Referred to the Committee on Appropriations
