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HB4757 • 2026

Local government: financing; investment of surplus funds of political subdivisions; modify. Amends secs. 1, 5, 7 & 7a of 1943 PA 20 (MCL 129.91 et seq.).

Local government: financing; investment of surplus funds of political subdivisions; modify. Amends secs. 1, 5, 7 & 7a of 1943 PA 20 (MCL 129.91 et seq.).

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Bradley Slagh (District 85), Mark Tisdel (District 55), Tom Kunse (District 100), Jimmie Wilson (District 32), Jason Woolford (District 50), Alabas Farhat (District 3), David Prestin (District 108), Curtis VanderWall (District 102)
Last action
2025-08-12
Official status
bill electronically reproduced 07/29/2025
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Local government: financing; investment of surplus funds of political subdivisions; modify. Amends secs. 1, 5, 7 & 7a of 1943 PA 20 (MCL 129.91 et seq.).

Local government: financing; investment of surplus funds of political subdivisions; modify.

What This Bill Does

  • Local government: financing; investment of surplus funds of political subdivisions; modify.
  • Amends secs.
  • 1, 5, 7 & 7a of 1943 PA 20 (MCL 129.91 et seq.).

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2025-08-12 HJ 69 Pg. 821

    bill electronically reproduced 07/29/2025

  2. 2025-07-29 HJ 68 Pg. 818

    introduced by Representative Rep. Bradley Slagh

  3. 2025-07-29 HJ 68 Pg. 818

    read a first time

  4. 2025-07-29 HJ 68 Pg. 818

    referred to Committee on Government Operations

Official Summary Text

Local government: financing; investment of surplus funds of political subdivisions; modify. Amends secs. 1, 5, 7 & 7a of 1943 PA 20 (MCL 129.91 et seq.).