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.

Stay Engaged

Receive our weekly emails!

Referred to the House Banking and Financial Services Committee on June 22, 2010.

~~~~~

Related Articles:

Legacy Society

Dearborn School Superintendents And Budget Tales

Mackinac Center Director of Labor Policy Selected for Trump Agency Landing Team

December 9, 2016 MichiganVotes Weekly Roll Call Report

Michigan's Economy Best In Midwest, And It's Not Just Cars

Critic Still Misses Mark on Detroit Charter Research