HOUSE BILL No. 5346

 

 

December 12, 2017, Introduced by Rep. Yaroch and referred to the Committee on Local Government.

 

     A bill to amend 1967 PA 204, entitled

 

"Metropolitan transportation authorities act of 1967,"

 

by amending section 26 (MCL 124.426), as added by 1988 PA 481.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 26. Notwithstanding any provision of this act, if an

 

emergency financial manager or a financial management team has been

 

appointed under the local government fiscal responsibility act, Act

 

No. 101 of the Public Acts of 1988, being sections 141.1101 to

 

141.1118 of the Michigan Compiled Laws, local financial stability

 

and choice act, 2012 PA 436, MCL 141.1541 to 141.1575, with respect

 

to an authority established by this act, then that emergency

 

financial manager or financial management team may exercise the

 

authority and responsibilities provided in this act to the extent


authorized by Act No. 101 of the Public Acts of 1988.the local

 

financial stability and choice act, 2012 PA 436, MCL 141.1541 to

 

141.1575.

 

     Enacting section 1. This amendatory act takes effect 90 days

 

after the date it is enacted into law.

 

     Enacting section 2. This amendatory act does not take effect

 

unless Senate Bill No.____ or House Bill No. 5337 (request no.

 

03826'17) of the 99th Legislature is enacted into law.