SB-0854, As Passed Senate, January 17, 2008

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SENATE BILL No. 854

 

 

October 25, 2007, Introduced by Senators HUNTER, KUIPERS, JACOBS, JANSEN, THOMAS, ANDERSON, BASHAM, BARCIA, OLSHOVE, BROWN, SANBORN, GILBERT, GLEASON, PAPPAGEORGE, CLARKE, JELINEK, VAN WOERKOM, BRATER and SCHAUER and referred to the Committee on Homeland Security and Emerging Technologies.

 

 

 

     A bill to amend 1855 PA 105, entitled

 

"An act to regulate the disposition of the surplus funds in the

state treasury; to provide for the deposit of surplus funds in

certain financial institutions; to lend surplus funds pursuant to

loan agreements secured by certain commercial, agricultural, or

industrial real and personal property; to authorize the loan of

surplus funds to certain municipalities; to authorize the

participation in certain loan programs; to authorize an

appropriation; and to prescribe the duties of certain state

agencies,"

 

(MCL 21.141 to 21.147) by adding section 5.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 5. The state treasurer shall comply with the divestment

 

from terror act in making investments under this act.

 

     Enacting section. This amendatory act does not take effect

 

unless Senate Bill No. 846                                    

 


            of the 94th Legislature is enacted into law.