RECEIPTS AND EXPENDITURES OF TWP:  ALLOW RECORD TO BE KEPT BY ELECTRONIC MEANS

House Bill 5257

Sponsor:  Rep. Richard Ball

Committee:  Local Government and Urban Policy

Complete to 10-10-05

A SUMMARY OF HOUSE BILL 5257 AS INTRODUCED 10-5-05

A township treasurer is required by law to keep an accurate account of the receipts and expenditures of township money in a book which meets the uniform accounting requirements of the state treasurer.  This is done at the expense of each township.

The bill would amend Chapter 16 of the Revised Statutes of 1846, which provides for the powers and duties of townships and the election and duties of township officers, to allow a township treasurer to also use electronic means to meet the above requirement.  In addition, the act requires the book (the bill would instead refer to the "account") to be delivered to the township treasurer's successor in office.  The bill would specify that this would have to be done in a "timely manner."

MCL 41.78

FISCAL IMPACT:

This bill would have no impact on state or local revenues.

                                                                                           Legislative Analyst:   Susan Stutzky

                                                                                                  Fiscal Analyst:   Jim Stansell

■ This analysis was prepared by nonpartisan House staff for use by House members in their deliberations, and does not constitute an official statement of legislative intent.