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By Jack McHugh
From MichiganVotes.org:
2010 House Bill 6274 and 6275 (Allow Detroit pension funds to loan to city)
Introduced by Rep. Bettie Scott (D) on June 22, 2010, to allow the Detroit police, fire and other employee pension funds to lend up to 20 percent of their assets to the city at a discounted interest rate.
Referred to the House Banking and Financial Services Committee on June 22, 2010.
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