2020 Senate Bill 1080 / Public Act 221

Extend allowable duration of certain local bond debt

Introduced in the Senate

Sept. 2, 2020

Introduced by Sen. Rick Outman (R-33)

To extend to 40 years the duration of the bond-debt that a county “lake level project” special assessment (property tax) district may take on and service with special assessment money paid by property owners.

Referred to the Committee on Environmental Quality

Sept. 15, 2020

Reported without amendment

With the recommendation that the bill pass.

Sept. 16, 2020

Passed in the Senate 36 to 0 (details)

Received in the House

Sept. 16, 2020

Referred to the Committee on Natural Resources and Outdoor Recreation

Sept. 23, 2020

Reported without amendment

Refer to the Committee on Ways and Means.

Referred to the Committee on Ways and Means

Sept. 24, 2020

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Passed in the House 103 to 1 (details)

To extend to 40 years the duration of the bond-debt that a county “lake level project” special assessment (property tax) district may take on and service with special assessment money paid by property owners.

Signed by Gov. Gretchen Whitmer

Oct. 16, 2020