HOUSE BILL No. 5971


     September 27, 2000, Introduced by Rep. Pappageorge and referred to the Committee on Tax Policy.


        A bill to amend 1931 PA 246, entitled

   "An act to provide for the construction, repair, and maintenance
   of pavements, sidewalks, and elevated structures on or along
   public roads and highways; to provide for the levying of taxes
   and of special assessments; to authorize the borrowing of money
   and the issuance of bonds; to prescribe the powers and duties of
   certain state and local agencies and officers; to validate
   actions taken, special assessments levied, and bonds issued; and
   to provide for the lighting of certain roads, highways, and
   bridges,"

   (MCL 41.271 to 41.290) by adding section 13b.

               THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

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           SEC. 13B.  IF THE BOARD OF COUNTY ROAD COMMISSIONERS OR THE

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      TOWNSHIP PLEDGES ANY PORTION OF THE GENERAL FUND OF THE COUNTY,

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      ASSESSMENT DISTRICT, OR TOWNSHIP AND ISSUES ANY BOND OTHER THAN A

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      GENERAL OBLIGATION BOND OR A REVENUE BOND UNDER THIS ACT, THE

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      BOARD OF COUNTY ROAD COMMISSIONERS OR THE TOWNSHIP SHALL PROVIDE

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      FOR AND PUBLISH A NOTICE OF INTENT AS PROVIDED IN SECTION 10 OF

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      CHAPTER 5 OF THE MUNICIPAL FINANCE ACT, 1943 PA 202, MCL 135.10.


   05784'00                                                 JLB