Introduced
by
To appropriate $194.8 million for a proposed Detroit bankruptcy settlement. This is part of a legislative package consisting of House Bills 5566 to 5576 that are related to the Detroit bankruptcy and this proposed state grant (considered by some to be a partial “bailout”).
Referred to the Committee on Detroit's Recovery and Michigan's Future
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Amendment offered
by
To revise how the process of delivering the $195 million to Detroit is labeled in the bill.
The amendment passed by voice vote
Amendment offered
by
To authorize new $220 million state loan to Detroit, under terms to be determined by the state Treasurer.
The amendment failed by voice vote
Passed in the House 74 to 36 (details)
To appropriate $194.8 million as a grant to Detroit, to be applied toward a proposed bankruptcy settlement. House Bills 5566 to 5571 require various reforms as a condition for the gift.
Referred to the Committee on Government Operations
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 21 to 17 (details)
To appropriate $194.8 million as a grant to Detroit, to be applied toward a proposed bankruptcy settlement. House Bills 5566 to 5571 require various reforms as a condition for the gift.
