June 9, 2010, Introduced by Reps. Womack, Melton and Johnson and referred to the Committee on Government Operations.
A bill to amend 1990 PA 72, entitled
"Local government fiscal responsibility act,"
by amending section 18 (MCL 141.1218).
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 18. (1) If the governor determines that a financial
emergency exists under section 15, the governor shall assign the
responsibility for managing the local government financial
emergency to the local emergency financial assistance loan board
created
under the emergency municipal loan act, Act No. 243 of the
Public
Acts of 1980, being sections 141.931 to 141.942 of the
Michigan Compiled Laws 1980 PA 243, MCL 141.931 to 141.942. The
local emergency financial assistance loan board shall appoint an
emergency financial manager. The emergency financial manager shall
have knowledge, skill, and experience in managing a local
government
and shall be chosen solely on
the basis of his or her
competence. and
The emergency financial
manager shall not have been
either an elected or appointed official or employee of the local
government for which appointed for not less than 5 years before the
appointment. The emergency financial manager need not be a resident
of the local government for which he or she is appointed. The
emergency financial manager shall serve at the pleasure of the
local emergency financial assistance loan board. The emergency
financial manager shall be entitled to compensation and
reimbursement for actual and necessary expenses from the local
government as approved by the local emergency financial assistance
loan board. In addition to staff otherwise authorized by law, with
the approval of the local emergency financial assistance loan
board, the emergency financial manager may appoint additional staff
and secure professional assistance considered necessary to
implement this article.
(2)
An emergency financial manager appointed under the local
government
fiscal responsibility act, former Act No. 101 of the
Public
Acts of 1988, former 1988 PA
101 and serving on the
effective date of this act, except as provided in subsection (1),
shall continue under this act to fulfill his or her powers and
duties.