Bill Text: MI HB4288 | 2011-2012 | 96th Legislature | Introduced


Bill Title: Education; reports; reporting requirements for emergency financial managers; revise to include specific dates and to require reporting to additional state officials. Amends secs. 21a & 41a of 1990 PA 72 (MCL 141.1221a & 141.1241a). TIE BAR WITH: HB 4177'11

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2011-02-22 - Printed Bill Filed 02/18/2011 [HB4288 Detail]

Download: Michigan-2011-HB4288-Introduced.html

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

HOUSE BILL No. 4288

 

February 17, 2011, Introduced by Rep. Womack and referred to the Committee on Local, Intergovernmental, and Regional Affairs.

 

     A bill to amend 1990 PA 72, entitled

 

"Local government fiscal responsibility act,"

 

by amending sections 21a and 41a (MCL 141.1221a and 141.1241a), as

 

added by 2009 PA 181.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 21a. (1) An emergency financial manager appointed under

 

this article shall file with the governor, the senate majority

 

leader, and the speaker of the house of representatives and post on

 

the internet on the website of the local unit of government a

 

report that contains all of the following:

 

     (a) A description of each expenditure made, approved, or

 

disapproved during the reporting period that has a cumulative value

 


of $10,000.00 or more and the source of the funds.

 

     (b) A list of each contract that the emergency financial

 

manager awarded or approved with a cumulative value of $10,000.00

 

or more, the purpose of the contract, and the identity of the

 

contractor.

 

     (c) A description of each loan sought, approved, or

 

disapproved during the reporting period that has a cumulative value

 

of $10,000.00 or more and the proposed use of the funds.

 

     (d) A description of any new position created or any vacancy

 

in a permanent position filled by the appointing authority.

 

     (e) A description of any position that has been eliminated or

 

from which an employee has been laid off.

 

     (f) The written financial plan in effect in the local unit of

 

government as of the time the report is filed.

 

     (2) The report required under this section shall be submitted

 

every 6 months, beginning 6 months after the starting date of the

 

emergency financial manager, on a date set by the local emergency

 

financial assistance loan board created under the emergency

 

municipal loan act, 1980 PA 243, MCL 141.931 to 141.942. The local

 

emergency financial assistance loan board shall set the same date

 

for all emergency managers appointed under this article for

 

submission of the report.

 

     Sec. 41a. (1) An emergency financial manager appointed under

 

this article shall file with the governor, the senate majority

 

leader, and the speaker of the house of representatives and post on

 

the internet on the website of the school district a report that

 

contains all of the following:

 


     (a) A description of each expenditure made, approved, or

 

disapproved during the reporting period that has a cumulative value

 

of $10,000.00 or more and the source of the funds.

 

     (b) A list of each contract that the emergency financial

 

manager awarded or approved with a cumulative value of $10,000.00

 

or more, the purpose of the contract, and the identity of the

 

contractor.

 

     (c) A description of each loan sought, approved, or

 

disapproved during the reporting period that has a cumulative value

 

of $10,000.00 or more and the proposed use of the funds.

 

     (d) A description of any new position created or any vacancy

 

in a permanent position filled by the appointing authority.

 

     (e) A description of any position that has been eliminated or

 

from which an employee has been laid off.

 

     (f) The written financial plan in effect in the school

 

district as of the time the report is filed.

 

     (2) The report required under this section shall be submitted

 

every 6 months, beginning 6 months after the starting date of the

 

emergency financial manager, on a date set by the education

 

financial emergency resolution board created under section 38. The

 

education financial emergency resolution board shall set the same

 

date for all emergency managers appointed under this article for

 

submission of the report.

 

     Enacting section 1. This amendatory act does not take effect

 

unless Senate Bill No.____ or House Bill No. 4177(request no.

 

00567'11) of the 96th Legislature is enacted into law.

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