MML's Summer Minnick and Howell City Manager Shea Charles testify. View more photos here.
Today the Senate Finance committee took testimony on a package of bills that the League has been pushing for a couple of years. The League testified along with Shea Charles, City Manager of Howell and Chair of the League's Municipal Finance committee as well as Beach Hall, Mayor of Rogers City on the importance of these bills. The bills, HBs 5550 - 5554 would, generally speaking, allow local communities the opportunity to refinance existing non-voted debt in order to better handle challenging fiscal times. Many communties have expressed an interest in these bills and the committee hearing is a great step forward in this process. The bills have already passed the House. There was a substitute adopted that made minor changes to the approval process and we now are optimistic that the bills will be passed at the next Senate Finance committee next week. This is one of the League's lame duck priorities and we are hopeful we can get the legislature to provide some tools for struggling municipalities before the end of this session!
Summer Minnick is the Director of State Affairs for the League. She can be recahed at 517-908-0301 or at sminnick@mml.org.
Rogers City Mayor Beach Hall testifies in Lansing Nov. 4, 2010 on a municipal bond refinancing package. View more photos here.
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