2023 House Bill 4679

State finance: bonds; revenue bond act definitions; modify.

A bill to amend 1933 PA 94, entitled “The revenue bond act of 1933,” by amending section 18 (MCL 141.118), as amended by 1987 PA 229.

House Fiscal Agency Analysis

House Bill 4679 would amend the Revenue Bond Act to allow a public improvement to provide a free service to a land bank fast track authority created under the Land Bank Fast Track Act.

Introduced in the House

May 25, 2023

Introduced by Reps. Kristian Grant (D-82) and Kelly Breen (D-21)

Referred to the Committee on Local Government and Municipal Finance

Oct. 4, 2023

Referred to the Committee on Tax Policy

Nov. 1, 2023

Reported without amendment

May 21, 2024

Passed in the House 58 to 49 (details)

Motion to give immediate effect by Rep. Abraham Aiyash (D-9)

The motion prevailed by voice vote

Received in the Senate

May 30, 2024

Referred to the Committee on Finance, Insurance, and Consumer Protection