2002 Senate Bill 1266 / Public Act 557

Introduced in the Senate

May 2, 2002

Introduced by Sen. Joanne Emmons (R-23)

To modify the bonding authority of the state trunk line system so as to conform to changes made to the municipal finance act by Senate Bill 29, now Public Act 34 of 2001. That bill 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 to the new law.

Referred to the Committee on Finance

May 15, 2002

Passed in the Senate 37 to 0 (details)

Received in the House

May 15, 2002

June 27, 2002

Passed in the House 104 to 0 (details)

Received in the Senate

June 27, 2002

Signed by Gov. John Engler

July 25, 2002