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Senate Roll Call 338 on
2014 House Bill 5573: Detroit bankruptcy settlement and grant package - funding details

To earmark $17.5 million of future tobacco lawsuit settlement revenue annually for 20 years to the state rainy day fund, which is essentially an accounting measure related to a $195 million state gift to Detroit, which goes toward the city's bankruptcy settlement. The state is essentially loaning money to itself.

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Senate Roll Call 338 on 2014 House Bill 5573

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