2009 House Bill 5052 / Public Act 181

Require regular emergency financial manager reports

Introduced in the House

June 9, 2009

Introduced by Rep. Jimmy Womack (D-7)

To require reports be filed every six months by emergency financial managers appointed by the governor to oversee the finances of a financially mismanaged local government or school district. The reports would include disclosures regarding all expenditures, contracts and loans of more than $10,000, and a listing of all jobs created or eliminated, vacant positions filled, and employees laid off.

Referred to the Committee on Intergovernmental, Urban, and Regional Affairs

June 23, 2009

Reported without amendment

With the recommendation that the substitute (H-1) be adopted and that the bill then pass.

Aug. 26, 2009

Substitute offered

To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.

The substitute passed by voice vote

Passed in the House 106 to 0 (details)

Received in the Senate

Aug. 27, 2009

Referred to the Committee on Local, Urban, and State Affairs

Oct. 29, 2009

Reported without amendment

With the recommendation that the bill pass.

Dec. 2, 2009

Passed in the Senate 36 to 0 (details)

Signed by Gov. Jennifer Granholm

Dec. 15, 2009