Inside208

Category Archives: Municipal Finance

July 25, 2012

Defend Michigan Democracy coalition formed

The Michigan Municipal League, along with a number of other statewide organizations, has formed a coalition to defend the constitutional principle of majority rule that would be eliminated by a proposed constitutional amendment that would allow just one-third of the members…
July 19, 2012

League Tesifies on Pension Flexibility Bills

Last Wednesday and Thursday (July 18 and 19, 2012), some local leaders from Northville, East Grand Rapids and Rochester testified with the League supporting bills which deal with providing locals pension flexibility. The bills, HBs 5725 and 5726, were up before the House…
July 18, 2012

Municipal Loan package passes Senate

This afternoon the Senate passed House Bills 5566-5570, a package that amends the Emergency Municipal Loan Act to include school districts and amend the criteria for qualifying. The current statute does not allow school districts to qualify for emergency loans.…
July 18, 2012

Municipal Loan Bills pass Senate Committee

This morning the Senate Appropriations Committee passed House Bills 5566-5570, a package that amends the Emergency Municipal Loan Act to include school districts and amend the criteria for qualifying. The current statute does not allow school districts to qualify for…
July 17, 2012

House Committee Takes Up League Pension Flexibility Bills

This afternoon, the House Appropriations committee is taking testimony on two bills which deal with providing locals pension flexibility. The bills are HBs 5725 and 5726. HB 5726 (Rep. Opsommer, DeWitt) would allow bonding when communities switch from defined benefit to defined…
May 30, 2012

Municipal Loan Bills pass House Committee

Last evening the House Local Government Committee reported House Bills 5566-5570, a package that amends the Emergency Municipal Loan Act to include school districts and amend the criteria for qualifying. The substitute for HB 5566 (the main bill in the…
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