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HB5965 • 2026

Local government: bonds; certain loans; exempt from definition of municipal security under the revised municipal finance act. Amends sec. 105 of 2001 PA 34 (MCL 141.2105).

Local government: bonds; certain loans; exempt from definition of municipal security under the revised municipal finance act. Amends sec. 105 of 2001 PA 34 (MCL 141.2105).

Active

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

Sponsor
Mike Mueller (District 72)
Last action
2026-05-14
Official status
bill electronically reproduced 05/13/2026
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: bonds; certain loans; exempt from definition of municipal security under the revised municipal finance act. Amends sec. 105 of 2001 PA 34 (MCL 141.2105).

Local government: bonds; certain loans; exempt from definition of municipal security under the revised municipal finance act.

What This Bill Does

  • Local government: bonds; certain loans; exempt from definition of municipal security under the revised municipal finance act.
  • Amends sec.
  • 105 of 2001 PA 34 (MCL 141.2105).

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. 2026-05-14 HJ 37 Pg. 0

    bill electronically reproduced 05/13/2026

  2. 2026-05-13 HJ 36 Pg. 0

    introduced by Representative Rep. Mike Mueller

  3. 2026-05-13 HJ 36 Pg. 0

    read a first time

  4. 2026-05-13 HJ 36 Pg. 0

    referred to Committee on Appropriations

Official Summary Text

Local government: bonds; certain loans; exempt from definition of municipal security under the revised municipal finance act. Amends sec. 105 of 2001 PA 34 (MCL 141.2105).