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Michigan SB822

Local government; financing; emergency municipal loan act; modify criteria for issuance of loans. Amends secs. 2, 3, 4 & 6 of 1980 PA 243 (MCL 141.932 et seq.) & repeals secs. 5 & 8 of 1980 PA 243 (MCL 141.935 & 141.938). TIE BAR WITH: HB 5384'16