2002 House Bill 5624 / Public Act 248

Introduced in the House

Feb. 12, 2002

Introduced by Rep. Larry Julian (R-85)

To modify certain bonding authority related to the Natural Resources and Environmental Protection Act so as to conform to changes made to the Municipal Finance Act by Senate Bill 29, now Public Act 34 of 2001. That new law made important changes to the procedures, requirements, and restrictions imposed on borrowing and debt issuance by local units of government and governmental authorities. For more information on those changes see the description of <a href="/bill.asp?ID=4790">Senate Bill 29</a>. This is one of more than 100 House and Senate bills amending different public acts to conform with the new law.

Referred to the Committee on Tax Policy

March 12, 2002

Passed in the House 106 to 0 (details)

To modify certain bonding authority related to the Natural Resources and Environmental Protection Act so as to conform to changes made to the Municipal Finance Act by Senate Bill 29, now Public Act 34 of 2001. That new law made important changes to the procedures, requirements, and restrictions imposed on borrowing and debt issuance by local units of government and governmental authorities. For more information on those changes see the description of Senate Bill 29. This is one of more than 100 House and Senate bills amending different public acts to conform with the new law.

Received in the Senate

March 12, 2002

March 17, 2002

Substitute offered

To replace the previous version of the bill with a version recommended by the committee which reported it. The substitute incorporates technical changes resulting from committee testimony and deliberation. These changes do not affect the substance of the bill as previously described.

The substitute passed by voice vote

April 18, 2002

Passed in the Senate 37 to 0 (details)

Received in the House

April 18, 2002

To modify certain bonding authority related to the Natural Resources and Environmental Protection Act so as to conform to changes made to the Municipal Finance Act by Senate Bill 29, now Public Act 34 of 2001. That new law made important changes to the procedures, requirements, and restrictions imposed on borrowing and debt issuance by local units of government and governmental authorities. For more information on those changes see the description of Senate Bill 29. This is one of more than 100 House and Senate bills amending different public acts to conform with the new law.

April 23, 2002

Passed in the House 101 to 0 (details)

Received in the Senate

April 23, 2002

Signed by Gov. John Engler

April 30, 2002