HB 6070 Michigan House · 2023-2024 Regular Session

Environmental protection: other; general obligation bond issuance; provide for. Creates new act.

House Bill 6070 proposes to authorize Michigan to issue up to $2 billion in general obligation bonds to fund environmental and natural resources protection programs. These funds would be used to clean up contaminated sites, improve water quality, prevent pollution, address lead contamination, revitalize waterfronts, and remove contaminated sediments from waterways. The bill requires that the question of approving this debt be submitted to a statewide vote at the next general election, with bond issuance contingent on a majority "yes" vote from eligible voters. If approved, the state would pledge its full faith and credit to pay the bond principal and interest, with repayment coming from the state's general fund.
Bill status in committee 1 of 4 stages cleared
Introduction
Nov 2024
Committee Review
Floor Vote
Governor
Introduced Nov 12, 2024 Last action Nov 13, 2024
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Full legislative history

Actions timeline

Total actions
4
Key actions
0
Committee
1
Nov 12, 2024
Committee
referred to Committee on Natural Resources, Environment, Tourism and Outdoor Recreation
lower
Nov 12, 2024
Introduced
introduced by Representative Rachel Hood
lower
1 primary · 15 co-sponsors

Sponsors