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