Alternative to emergency manager law approved by state House panel
Posted: 12/06/2012
LANSING, Mich. (AP) - A proposed replacement for an emergency manager law rejected by Michigan voters has been approved by a state House panel.
The House Local, Intergovernmental and Regional Affairs Committee voted 9-5 Thursday along party lines with one "pass" vote on what's known as The Local Financial Stability and Choice Act. The legislation now goes to the full House for consideration.
Republican Gov. Rick Snyder and legislative leaders unveiled it on Wednesday. The plan gives four choices to communities and school districts found to be in a financial emergency: accept an emergency manager, bankruptcy, mediation or a consent agreement with the state like the one in Detroit.
Voters decisively rejected Proposal 1 in November. The state since has been operating under a previous law that gives managers fewer powers.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
PRINT
More Around TownHeadlines
-
Win tickets to Quicken Loans 400 at MIS
You’ve waited all year for the NASCAR Sprint Cup Series to return to Michigan International Speedway, NASCAR’s fastest racetrack. The wait is over! This Father’s Day, watch your favorite NASCAR drivers battle it out for a trip to victory lane. Forty-three drivers, 200 laps. It’s SUMMERFAST! A festival of NASCAR thrills at MIS.
-
Eastern Market Flower Day!
-
Race For The Cure to fight breast cancer
-
Craft Beer Week coming
-
'Walk for Wishes' at Detroit Zoo Sat.
-
JOIN US: Detroit Race for the Cure, 5/18
