2014 House Bill 5567 ↩

Senate Roll Call 334: Passed

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.