2006 Senate Bill 1005 / Public Act 71

Adjust school bond loan fund interest

Introduced in the Senate

Jan. 25, 2006

Introduced by Sen. Ron Jelinek (R-21)

To adjust the interest rate formula for the school bond loan fund. This corrects a drafting error in <a href="http://www.michiganvotes.org/2005-SB-406">Public Act 92 of 2005</a>.

Referred to the Committee on Appropriations

Feb. 16, 2006

Reported without amendment

With the recommendation that the bill pass.

Passed in the Senate 36 to 0 (details)

Received in the House

Feb. 16, 2006

Referred to the Committee on Appropriations

Feb. 23, 2006

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Feb. 28, 2006

Passed in the House 102 to 3 (details)

Signed by Gov. Jennifer Granholm

March 16, 2006