December 5, 2012 – The administration of Gov. Rick Snyder has drafted a new emergency manager law they hope will replace Public Act 4 of 2011, which was rejected by voters on Nov. 6. The bill will be discussed Thursday morning in the Local Intergovernmental and Regional Affairs committee and could be taken up by the full House as soon as Thursday afternoon. Called the Local Financial Stability and Choice Act, the bill is designed to address shortcomings in PA 4 by giving local officials in financially troubled cities and school district more input in decision-making.
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