2002 Senate Bill 1066 / Public Act 302

Introduced in the Senate

Feb. 5, 2002

Introduced by Sen. Burton Leland (D-5)

To modify certain bonding authority contained in the Export Development Act so as to conform to changes made to the Municipal Finance Act by Senate Bill 29, now Public Act 34 of 2001. That new law made important changes to the procedures, requirements, and restrictions imposed on borrowing and debt issuance by local units of government and governmental authorities. For more information on those changes see the description of <a href="/bill.asp?ID=4790">Senate Bill 29</a>. This is one of more than 100 House and Senate bills amending different public acts to conform with the new law.

Referred to the Committee on Finance

March 21, 2002

Passed in the Senate 35 to 0 (details)

To modify certain bonding authority contained in the Export Development Act so as to conform to changes made to the Municipal Finance Act by Senate Bill 29, now Public Act 34 of 2001. That new law made important changes to the procedures, requirements, and restrictions imposed on borrowing and debt issuance by local units of government and governmental authorities. For more information on those changes see the description of Senate Bill 29. This is one of more than 100 House and Senate bills amending different public acts to conform with the new law.

Received in the House

March 21, 2002

April 24, 2002

Passed in the House 102 to 0 (details)

Received in the Senate

April 24, 2002

Signed by Gov. John Engler

May 8, 2002