Bill
HB 5030
Housing: housing development authority; note and bond purchase for cancellation; modify. Amends sec. 30 of 1966 PA 346 (MCL 125.1430).
2023-2024 Regular Session
Introduced by Abraham Aiyash and 18 co-sponsors
HB 5030 allows MSHDA to decide when to cancel its own notes or bonds purchased, instead of automatic cancellation, to time market moves and reduce debt service.
assigned PA 191'24