2017 House Bill 4457 / Public Act 133

Authorize new energy debt scheme for colleges and universities

Introduced in the House

March 30, 2017

Introduced by Rep. Brandt Iden (R-61)

To include state colleges and universities in the kind of debt scheme authorized by a <a href="http://www.michiganvotes.org/2015-HB-4080">2016 law</a> for school districts, which lets them contract with vendors for energy efficiency projects, and pay for these with money the projects are supposed to save (or from regular tax revenue if savings don’t appear).

Referred to the Committee on Local Government

June 6, 2017

Passed in the House 108 to 0 (details)

To include state colleges and universities in the same kind of scheme as the one authorized by a <a href="http://www.michiganvotes.org/2015-HB-4994">2016 law</a> for counties, which lets them contract with vendors for energy efficiency projects, and pay for these with money the projects are supposed to save (or from regular tax revenue if savings don’t appear).

Received in the Senate

June 7, 2017

Referred to the Committee on Local Government

Sept. 20, 2017

Reported without amendment

With the recommendation that the bill pass.

Oct. 17, 2017

Passed in the Senate 38 to 0 (details)

To include state colleges and universities in the kind of debt scheme authorized by a <a href="http://www.michiganvotes.org/2015-HB-4080">2016 law</a> for school districts, which lets them contract with vendors for energy efficiency projects, and pay for these with money the projects are supposed to save (or from regular tax revenue if savings don’t appear).

Signed by Gov. Rick Snyder

Oct. 26, 2017