Bill
HB 6144
Education: financing; interest-free loans to school districts and intermediate schools districts from the state's surplus funds; allow under certain circumstances. Amends 1855 PA 105 (MCL 21.141 - 21.147) by adding sec. 2g.
Allows the State Treasurer to lend surplus funds interest-free to Michigan school districts/ISDs for up to one year when general appropriations bills are delayed.