Below is a list of the legislation that came before the House this week (April 14th through April 17th). Please feel free to contact me (517.373.0826; email@example.com) if you have any questions or thoughts about any of the below bills.
Passed 4/14 – 4/17
Stipulate that the Michigan Early Stage venture Investment Corporation may not enter into any new agreements with investors
HB 4195 (H-2) 4/15/2015, Passed 107-3
HB 4196 (H-3) 4/15/15, Passed 108-2
HB 4365 (H-1) 4/15/15, Passed 108-2
HB 4195 would amend the Act to stipulate that the Michigan Early Stage venture Investment Corporation may not enter into any new agreements with investors following the bill’s effective date, but may modify an existing agreement with an investor so long as no additional funds are being expended by the modification. HB 4196 would shorten the sunset on the Venture Capital Authority Fund from 2054 to 2029. HB 4365 would correct a reference to the program in the Michigan Business Tax Act, which will be needed due to the changes made in HB 4195 and 4196.
Removes employment by an enforcing agency as requirement to be a building official
HB 4245 4/15/15, Passed 110-0
House Bill 4245 amends the Building Officials and Inspectors Registration Act to remove the requirement that to be registered as a building official, plan reviewer, or inspector, the individual be employed by an enforcing agency.
Allow Detroit to refinance some of the bonds from the bankruptcy
SB 160 (S-2) 4/15/15, Pass 107-3
Senate Bill 160 would amend the Home Rule City Act to specify that if Detroit issues financial recovery bonds in accordance with provisions of the Bankruptcy Plan of Adjustment, the revenue collected to repay these bonds would be held in trust for the benefit of the trustee and the bonds regardless of who collected it, and would remain subject to the trust regardless of subsequent transfers until the trustee received the revenue. The bill also states that to the extent that the City, or any other person, holds a residual or other interest in the revenues held in trust, the interest is subordinate to a lien in the revenues in favor of the trustee.
Allow Retired State Employee to Contract with AG Office
SB 12 (H-1) 4/16/15, Passed 82-28
Senate Bill 12 would allow a retired state employee to contract with the Attorney General’s office in a litigation matter involving the state without losing his or her retirement benefits due to the “double dipping” prohibition. “Double-dipping” refers to a retirant receiving retirement benefits while still drawing a salary.
Eliminate February regular election date
HB 4271 (H-1) 4/16/15, Passed 93-17
HB 4272 (H-2) 4/16/15, Passed 93-17
HB 4273 (H-3) 4/16/15, Passed 93-17
HB 4274 (H-2) 4/16/15, Passed 93-17
HB 4276 (H-2) 4/16/15, Passed 93-17
HB 4385 (Jacobsen) RC 68, 4/16/15, Passed 94-16
House Bill 4271 would amend Section 570a of the Michigan Election Law to eliminate all reference in Election Law to the February election for townships. House Bill 4272 will eliminate the ability for the city to have a February primary election for a city. This bill is part of a larger package of bills that will eliminate the February regular election date. House Bill 4273 (H-3) would amend Michigan Election Law to eliminate the February regular election date. House Bill 4274 would amend the Michigan Election Law to require that recall elections be held at a May regular election date, and eliminate the February regular election date. House Bill 4276 would amend Michigan Election Law to eliminate a recall elections from taking place at the February regular election date. House Bill 4385 would amend Michigan Election Law to eliminate the nominating petition requirement for a February primary election that may be authorized for cities by city governments. The petition requirement needs to be eliminated from Michigan Election Law because the February election date is also being eliminated from law.