November 29, 2005, Introduced by Senator GARCIA and referred to the Committee on Commerce and Labor.
A bill to amend 1921 PA 2, entitled
"An act to promote the efficiency of the government of the state,
to create a state administrative board, to define the powers and
duties thereof, to provide for the transfer to said board of powers
and duties now vested by law in other boards, commissions,
departments and officers of the state, and for the abolishing of
certain of the boards, commissions, departments and offices, whose
powers and duties are hereby transferred,"
(MCL 17.1 to 17.3) by adding section 2b.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 2b. (1) The state administrative board shall also have
the powers granted and perform the duties imposed under chapter 8A
of the Michigan strategic fund act, 1984 PA 270, MCL 125.2088 to
125.2088p.
(2) The state administrative board shall hire, support, and
supervise the chief compliance officer described in chapter 8A of
the Michigan strategic fund act, 1984 PA 270, MCL 125.2088 to
125.2088p.
(3) The state administrative board shall review all reports
submitted to it by the chief compliance office described in chapter
8A of the Michigan strategic fund act, 1984 PA 270, MCL 125.2088 to
125.2088p.