2003 House Bill 4708 / Public Act 137

Show analysis

Introduced in the House

May 20, 2003

Introduced by Rep. David Robertson (R-51)

To allow county road commissions to enter into installment contracts for the purchase of real or personal property for public purposes, to be paid over a period not to exceed 15 years. The aggregate value of all installment contracts would be capped 1.25 percent of the value of the road commission's capital assets and infrastructure.

Referred to the Committee on Transportation

June 5, 2003

Reported without amendment

Without amendment and with the recommendation that the bill pass.

June 12, 2003

Passed in the House 107 to 0 (details)

Received in the Senate

June 17, 2003

Referred to the Committee on Transportation

July 2, 2003

Reported without amendment

With the recommendation that the amendments be adopted and that the bill then pass.

July 3, 2003

Amendment offered

To eliminate a provision which allows installment contracts of up to eight years for the purchase of machines, tools, appliances, and materials, and revise the provision related to real or personal property to allow installment contracts to be paid over a period not to exceed 15 years or the useful life of the property, whichever is less.

The amendment passed by voice vote

July 15, 2003

Passed in the Senate 37 to 0 (details)

To allow county road commissions to enter into installment contracts for the purchase of real or personal property for public purposes, to be paid over a period not to exceed 15 years. The aggregate value of all installment contracts would be capped 1.25 percent of the value of the road commission's capital assets and infrastructure.

Received in the House

July 15, 2003

Passed in the House 108 to 0 (details)

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

Signed by Gov. Jennifer Granholm

July 31, 2003