Bill Text: MI HB4329 | 2015-2016 | 98th Legislature | Chaptered
Bill Title: Education; financing; school district placement under control of an emergency manager for failure to comply with enhanced deficit elimination plan; provide for. Amends 2012 PA 436 (MCL 141.1541 - 141.1575) by adding sec. 7a. TIE BAR WITH: HB 4327'15, HB 4331'15
Spectrum: Partisan Bill (Republican 1-0)
Status: (Passed) 2015-07-14 - Assigned Pa 113'15 With Immediate Effect [HB4329 Detail]
Download: Michigan-2015-HB4329-Chaptered.html
Act No. 113
Public Acts of 2015
Approved by the Governor
July 7, 2015
Filed with the Secretary of State
July 7, 2015
EFFECTIVE DATE: July 7, 2015
STATE OF MICHIGAN
98TH LEGISLATURE
REGULAR SESSION OF 2015
Introduced by Rep. Somerville
ENROLLED HOUSE BILL No. 4329
AN ACT to amend 2012 PA 436, entitled “An act to safeguard and assure the financial accountability of local units of government and school districts; to preserve the capacity of local units of government and school districts to provide or cause to be provided necessary services essential to the public health, safety, and welfare; to provide for review, management, planning, and control of the financial operation of local units of government and school districts and the provision of services by local units of government and school districts; to provide criteria to be used in determining the financial condition of local units of government and school districts; to authorize a declaration of the existence of a financial emergency within a local unit of government or school district; to prescribe remedial measures to address a financial emergency within a local unit of government or school district; to provide for a review and appeal process; to provide for the appointment and to prescribe the powers and duties of an emergency manager for a local unit of government or school district; to provide for the modification or termination of contracts under certain circumstances; to provide for the termination of a financial emergency within a local unit of government or school district; to provide a process by which a local unit of government or school district may file for bankruptcy; to prescribe the powers and duties of certain state agencies and officials and officials within local units of government and school districts; to provide for appropriations; and to repeal acts and parts of acts,” (MCL 141.1541 to 141.1575) by adding section 7a.
The People of the State of Michigan enact:
Sec. 7a. Notwithstanding section 7, if a school district is subject to an enhanced deficit elimination plan under section 1220 of the revised school code, 1976 PA 451, MCL 380.1220, and the state treasurer determines that the school district has failed to submit or comply with the requirements of the enhanced deficit elimination plan, the state treasurer may declare that a financial emergency exists within the school district and recommend that the governor appoint an emergency manager to address the financial emergency within the school district under section 9.
Enacting section 1. This amendatory act does not take effect unless all of the following bills of the 98th Legislature are enacted into law:
(a) House Bill No. 4327.
(b) House Bill No. 4331.
This act is ordered to take immediate effect.
Clerk of the House of Representatives
Secretary of the Senate
Approved
Governor
