Michigan HB4459 authorizes the issuance of up to $2 billion in state bonds for environmental protection programs.

Michigan HB4459 creates the Clean Michigan 2 Initiative Act, authorizing the state to borrow up to $2 billion and issue general obligation bonds. These bonds will fund environmental and natural resources protection programs, including cleaning up contaminated sites, improving water quality, preventing pollution, and abating lead contamination. The proceeds from the bond sales will be deposited in the Clean Michigan 2 Initiative Bond Fund. The issuance of these bonds requires approval from the state's voters in the next general election.

Michigan HB4459 authorizes the issuance of up to $2 billion in state bonds for environmental protection programs.

Michigan HB4459 creates the Clean Michigan 2 Initiative Act, authorizing the state to borrow up to $2 billion and issue general obligation bonds. These bonds will fund environmental and natural resources protection programs, including cleaning up contaminated sites, improving water quality, preventing pollution, and abating lead contamination. The proceeds from the bond sales will be deposited in the Clean Michigan 2 Initiative Bond Fund. The issuance of these bonds requires approval from the state's voters in the next general election.