2008 House Bill 6736

Provide exceptions to municipal finance refunding restrictions

Introduced in the House

Nov. 19, 2008

Introduced by Rep. Andy Coulouris (D-95)

To create an exception to <a href="http://www.michiganvotes.org/2002-sB-1314">the law</a> that prohibits local governments from refunding “interest rate swap” securities.

Referred to the Committee on Banking and Financial Services

Dec. 2, 2008

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Passed in the House 90 to 18 (details)

Received in the Senate

Dec. 3, 2008

Referred to the Committee on Finance