2009 House Bill 5550 ↩

Senate Roll Call 651: Passed

To allow municipalities to stretch out further into the future the repayment period on certain loans, despite restrictions imposed by a <a href="http://www.michiganvotes.org/2002-SB-1314">2002 law</a> prohibiting this when it has the effect of increasing the overall amount that must be repaid (in net "present value" terms).