2002 Senate Bill 1060 / Public Act 298

Introduced in the Senate

Feb. 5, 2002

Introduced by Sen. Willis Bullard (R-15)

To modify certain bonding authority related to city and village water supply 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 Finance

Feb. 19, 2002

Passed in the Senate 35 to 0 (details)

To modify certain bonding authority related to city and village water supply 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 House

Feb. 19, 2002

April 24, 2002

Passed in the House 104 to 0 (details)

Received in the Senate

April 24, 2002

Signed by Gov. John Engler

May 8, 2002