2004 Senate Bill 1356

Introduced in the Senate

Sept. 8, 2004

Introduced by Sen. Patricia Birkholz (R-24)

To authorize the issuance of Michigan Natural Resources Trust Fund bonds backed only by the fund’s revenue, and not by the full faith and credit of the state. The bill would allow the pledging of not more than 50 percent of the trust fund’s revenues for this purpose.

Referred to the Committee on Natural Resources and Environmental Affairs