To increase from $125 million to $250 million a cap on how much Detroit can borrow to finance its ongoing gap between spending and revenue, and establish in statute that these lenders (bond holders) would have a priority claim on future state revenue sharing payments even if Detroit files bankruptcy.
|30 Yeas / 6 Nays|
|Democrat (15 Yeas / 1 Nay)|
|Republican (15 Yeas / 5 Nays)|
|Excused or Not Voting (2)|