Introduced
by
To require a Detroit chief financial officer to be appointed by the mayor, subject to the approval of the state oversight commission proposed by House Bill 5566, who would supervise the city’s financial and budget activities. Also, to require Detroit to use generally accepted accounting practices, and adopt budget processes similar to the state's, which are intended to avoid overspending. Among these are twice yearly revenue estimating conferences involving state officials and university economists. This is part of a legislative package consisting of House Bills 5566 to 5575 that are related to the Detroit bankruptcy and a proposed state grant to the city of $195 million.
Referred to the Committee on Detroit's Recovery and Michigan's Future
Reported without amendment
With the recommendation that the substitute (H-2) be adopted and that the bill then pass.
Substitute offered
The substitute passed by voice vote
Amendment offered
To specify that city contracts must be posted online within 30 days.
The amendment passed by voice vote
Passed in the House 105 to 5 (details)
Referred to the Committee on Government Operations
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 37 to 1 (details)
To require a Detroit chief financial officer to be appointed by the mayor, subject to the approval of the state oversight commission proposed by House Bill 5566, who would supervise the city’s financial and budget activities. Also, to require Detroit to use generally accepted accounting practices, and adopt budget processes similar to the state's, which are intended to avoid overspending. Among these are twice yearly revenue estimating conferences involving state officials and university economists. This is part of a legislative package consisting of House Bills 5566 to 5575 that are related to the Detroit bankruptcy and a proposed state grant to the city of $195 million.
