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.