On Thursday, January 21st, the House Banking and Financial Services committee will be taking up HBs 5550-5554, which deal with bond refinancing.   League President Jeff Jenks (Mayor Pro Tem, Huntington Woods) will be in attendance to testify in support of these bills.  These bills amend various acts to allow locals to refinance certain nonvoted bonds in order to avoid potential problems with reduced revenues in the down economy and are identical to bills introduced last session. These bills were initially scheduled to be up in committee at the end of last year but due to session time change, the committee meeting was cancelled. 
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