2002 Senate Bill 1268 / Public Act 493

Introduced in the Senate

May 2, 2002

Introduced by Sen. Joanne Emmons (R-23)

To modify the bonding authority of the state trunk line system so as to conform to changes made to the municipal finance act by Senate Bill 29, now Public Act 34 of 2001. That bill 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 to the new law.

Referred to the Committee on Finance

May 15, 2002

Passed in the Senate 37 to 0 (details)

Received in the House

May 15, 2002

June 4, 2002

Passed in the House 96 to 0 (details)

Received

June 19, 2002

Substitute offered by Rep. Steve Vear (R-58)

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

Passed in the House 97 to 2 (details)

Received in the Senate

June 19, 2002

To modify the bonding authority of the state trunk line system so as to conform to changes made to the municipal finance act by Senate Bill 29, now Public Act 34 of 2001. That bill 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 to the new law.

June 27, 2002

Passed in the Senate 34 to 0 (details)

To concur with the House-passed version of the bill.

Received in the House

June 27, 2002

Signed by Gov. John Engler

July 2, 2002