REVISED MUNICIPAL FINANCE ACT - S.B. 1076: FLOOR ANALYSIS


Senate Bill 1076 (as reported without amendment)

Sponsor: Senator Dale L. Shugars

Committee: Finance


CONTENT


The bill would amend the Metropolitan Council Act to specify that bonds issued under the Act would be subject to the Revised Municipal Finance Act.


MCL 124.669 - Legislative Analyst: George Towne


FISCAL IMPACT


The bill would have no fiscal impact on State or local government.


Date Completed: 2-13-02 - Fiscal Analyst: David ZinFloor\sb1076 - Bill Analysis @ http://www.senate.state.mi.us/sfa

This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.