2008 House Bill 6737

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Introduced in the House

Nov. 19, 2008

Introduced by Rep. Jeff Mayes (D-96)

To create an exception to <a href="http://www.michiganvotes.org/2001-sB-29">the law</a> that prohibits local governments from selling municipal securities at a discount exceeding 10 percent of their principal amount.

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.

Amendment offered by Rep. Jeff Mayes (D-96)

The amendment passed by voice vote

Passed in the House 91 to 15 (details)

Received in the Senate

Dec. 3, 2008

Referred to the Committee on Finance