LOCAL BUILDING AUTHORITIES                                         S.B. 491 (S-2): FLOOR ANALYSIS

 

 

 

 

 

 

 

 

 

 

 

Senate Bill 491 (Substitute S-2 as reported) Sponsor: Senator William Van Regenmorter Committee: Local, Urban, and State Affairs

 

CONTENT

 

The bill would amend Public Act 31 of 1948, which provides for the incorporation of local building authorities, to permit two or more counties, cities, townships, and/or villages to incorporate one or more joint authorities. The bill also would provide for the filing of an authority’s articles of incorporation and the election of an authority’s governing commission.

 

Currently, the Act permits any county and any city, township, or village in the county to incorporate one or more authorities to acquire, equip, improve, operate, and maintain buildings, parking lots or structures, recreational facilities, and stadiums. The bill would permit any combination of two or more counties, cities, townships, and villages to incorporate one or more joint authorities.

 

The bill also provides that the governing body of an incorporating unit could adopt a resolution submitting a lease contract to a vote of the electors. If a governing body did not adopt the resolution, the contract could not take effect until a notice of intent to enter into a contract had been published, unless petitions for a referendum on the contract had been filed and an election held on the questions. The bill specifies that an election held under these provisions would not be included in any statutory or charter limitation on the number of elections to be called within a particular period of time.

 

MCL 123.952 et al.                                                                            Legislative Analyst: L. Arasim

 

FISCAL IMPACT

 

This bill would have no fiscal impact on State government. The fiscal impact on local units would depend on the projects undertaken and the bonds issued to cover these costs.

 

Date Completed: 5-22-95                                                                            Fiscal Analyst: R. Ross

 

 

 

 

 

 

 

 

 

 

floor\sb491

 

This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.