HOUSE BILL No. 4888


     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 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.


   00105'01                   Final page.                       KDD