2007 Senate Bill 952

Authorize $4.2 billion MSHDA debt cap

Introduced in the Senate

Dec. 5, 2007

Introduced by Sen. Dennis Olshove (D-9)

To extend a $4.2 billion bond cap on the Michigan State Housing Developing Authority until Nov. 1, 2011. Under current law the bond cap became $3 billion as of Nov. 1, 2007. The bill is part of a package comprised of Senate Bills 948 to 952. See also House Bills 5442 to 5447.

Referred to the Committee on Banking and Financial Institutions