Bill
HB 4757
Local government: financing; investment of surplus funds of political subdivisions; modify. Amends secs. 1, 5, 7 & 7a of 1943 PA 20 (MCL 129.91 et seq.).
2025-2026 Regular Session
Introduced by Alabas Farhat and 7 co-sponsors
Michigan bill updates how local governments can invest surplus public funds to potentially increase municipal revenue generation and financial flexibility.
bill electronically reproduced 07/29/2025