2014 House Bill 5574 / Public Act 188

Detroit bankruptcy settlement and grant package - grant appropriation

Introduced in the House

May 8, 2014

Introduced by Rep. Thomas Stallworth (D-7)

To appropriate $194.8 million for a proposed Detroit bankruptcy settlement. This is part of a legislative package consisting of House Bills 5566 to 5576 that are related to the Detroit bankruptcy and this proposed state grant (considered by some to be a partial “bailout”).

Referred to the Committee on Detroit's Recovery and Michigan's Future

May 21, 2014

Reported without amendment

Without amendment and with the recommendation that the bill pass.

May 22, 2014

Amendment offered by Rep. Thomas Stallworth (D-7)

To revise how the process of delivering the $195 million to Detroit is labeled in the bill.

The amendment passed by voice vote

Amendment offered by Rep. David Nathan (D-8)

To authorize new $220 million state loan to Detroit, under terms to be determined by the state Treasurer.

The amendment failed by voice vote

Passed in the House 74 to 36 (details)

To appropriate $194.8 million as a grant to Detroit, to be applied toward a proposed bankruptcy settlement. House Bills 5566 to 5571 require various reforms as a condition for the gift.

Received in the Senate

May 27, 2014

Referred to the Committee on Government Operations

June 3, 2014

Reported without amendment

With the recommendation that the bill pass.

Passed in the Senate 21 to 17 (details)

To appropriate $194.8 million as a grant to Detroit, to be applied toward a proposed bankruptcy settlement. House Bills 5566 to 5571 require various reforms as a condition for the gift.

Signed by Gov. Rick Snyder

June 20, 2014