TRANS. COMMISSION: SURETY BOND H.B. 6605:
COMMITTEE SUMMARY
[Please see the PDF version of this analysis, if available, to view this image.]
House Bill 6605 (as passed by the House)
Sponsor: Representative Hoon-Yung Hopgood
House Committee: Transportation
Senate Committee: Transportation
Date Completed: 12-1-08
CONTENT
The bill would amend Public Act 286 of 1964, which deals with the State Transportation Commission, to remove a requirement that each member of the Commission give to the State a $25,000 bond, with sureties approved by the State Treasurer, conditioned on the faithful discharge of the duties of his or her office, with the premium to be paid from the State Transportation Fund.
MCL 247.803 Legislative Analyst: Curtis Walker
FISCAL IMPACT
The bill would have a minimal fiscal impact on the State.
Fiscal Analyst: Debra Hollon
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. 6605/0708