HOUSE BILL No. 4901


     June 5, 2001, Introduced by Reps. Pappageorge, Gosselin, Drolet, Kuipers, Patterson, Richardville, Ehardt, Toy, Richner, Middaugh, Bradstreet,
Stallworth, Raczkowski, Ruth Johnson and Rocca and referred to the Committee on Tax Policy.


        A bill to amend 1939 PA 342, entitled

   "County public improvement act of 1939,"

   (MCL 46.171 to 46.188) by adding section 5d.

               THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

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           SEC. 5D.  IF A COUNTY PLEDGES ANY PORTION OF THE GENERAL

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      FUND OF THE COUNTY AND ISSUES ANY BOND OTHER THAN A GENERAL OBLI-

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      GATION BOND OR A REVENUE BOND UNDER THIS ACT, THE COUNTY BOARD OF

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      COMMISSIONERS SHALL PROVIDE FOR AND PUBLISH A NOTICE OF INTENT AS

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      PROVIDED IN SECTION 10 OF CHAPTER 5 OF THE MUNICIPAL FINANCE ACT,

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      1943 PA 202, MCL 135.10.












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