HOUSE BILL No. 5994


     September 27, 2000, Introduced by Rep. Pappageorge and referred to the Committee on Tax Policy.


        A bill to amend 1966 PA 331, entitled

   "Community college act of 1966,"

   (MCL 389.1 to 389.195) by adding section 122b.

               THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

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           SEC. 122B.  IF A COMMUNITY COLLEGE DISTRICT PLEDGES ANY POR-

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      TION OF THE GENERAL FUND OF THE COMMUNITY COLLEGE DISTRICT AND

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      ISSUES ANY BOND OTHER THAN A GENERAL OBLIGATION BOND OR A REVENUE

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      BOND UNDER THIS ACT, THE COMMUNITY COLLEGE DISTRICT SHALL PROVIDE

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      FOR AND PUBLISH A NOTICE OF INTENT AS PROVIDED IN SECTION 10 OF

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      CHAPTER 5 OF THE MUNICIPAL FINANCE ACT, 1943 PA 202, MCL 135.10.












   05807'00          Final page.                            JLB