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2020 Senate Bill 1251: Borrow money for Flint water contamination settlements

Public Act 358 of 2020

Introduced by Sen. Jim Stamas (R) on December 3, 2020
To authorize borrowing $600 million to resolve and settle claims for the Flint water contamination litigation, as part of a settlement agreement. The money would pass through the Michigan Strategic Fund, which is generally used to finance corporate welfare subsidies, and has authority to borrow. Senate Bill 1252 would create a state Flint Settlement Trust Fund and establish as “the intent of the legislature” appropriating $35 million for it each year through the 2050-51 fiscal year. This bill reimburses the state for an initial $5 million payment.   Official Text and Analysis.
Referred to the Senate on December 3, 2020
Received in the House on December 10, 2020
Referred to the House Government Operations Committee on December 10, 2020
Reported in the House on December 15, 2020
Without amendment and with the recommendation that the bill pass.
Signed by Gov. Gretchen Whitmer on December 30, 2020

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