To increase from $50 million to $100 million the amount allocated through 2018 for “financial emergency” loans from a state loan board to public school districts. Also, to increase from $35 million to $85 million the amount of such loans to cities, townships, villages, and counties. Finally, the bill would eliminate restrictions on this loan board's ability to restructure repayments on existing emergency municipal loans.
| 37 Yeas / 1 Nay | |
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| Democrat (12 Yeas / 0 Nays) | |
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