SB-0474, As Passed Senate, June 22, 2005

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SENATE BILL No. 474

 

 

May 5, 2005, Introduced by Senator GARCIA and referred to the Committee on Local, Urban and State Affairs.

 

 

 

     A bill to amend 1855 PA 105, entitled

 

"An act to regulate the disposition of the surplus funds in the

state treasury; to provide for the deposit of surplus funds in

certain financial institutions; to lend surplus funds pursuant to

loan agreements secured by certain commercial, agricultural, or

industrial real and personal property; to authorize the loan of

surplus funds to certain municipalities; to authorize the

participation in certain loan programs; to authorize an

appropriation; and to prescribe the duties of certain state

agencies,"

 

by repealing section 2 (MCL 21.142).

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Enacting section 1.  Section 2 of 1855 PA 105, MCL 21.142, is

 

repealed.