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Michigan Legislature
Michigan Compiled Laws Complete Through PA 15 of 2018
House: Adjourned until Tuesday, February 27, 2018 1:30:00 PM
Senate: Adjourned until Tuesday, February 27, 2018 10:00:00 AM

Michigan Legislature

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Section 324.95103

CLEAN MICHIGAN INITIATIVE ACT (EXCERPT)
Act 284 of 1998


324.95103 Bonds; issuance; conditions and procedures.

Sec. 3.

Bonds shall be issued in accordance with conditions and procedures to be established by law.


History: 1998, Act 284, Imd. Eff. July 27, 1998
Compiler's Notes: Act 284 of 1998, known as the Clean Michigan Initiative Act, which was approved by the Governor and filed with the Secretary of State on July 27, 1998, provides that bonds “shall not be issued under this act unless the question set forth in section 5 [MCL 324.95105] is approved by a majority vote of the registered electors voting on the question.” In accordance with Const 1963, art 9, sec 15, the question of borrowing a sum not to exceed $675,000,000.00 and the issuance of the general obligation bonds of the state for the purposes set forth in this act was submitted to the qualified electors of the state at the November 3, 1998, general election as Proposal C. Proposal C was approved by a majority of the electors voting thereon at the November 3, 1998, general election.For transfer of powers and duties of department of natural resources and environment to department of natural resources, see E.R.O. No. 2011-1, compiled at MCL 324.99921.


© 2017 Legislative Council, State of Michigan

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