Amends Michigan's 1995 PA 266 to redefine terms and clarify definitions related to financial operations and credit cards.
This bill amends Michigan's 1995 PA 266 by redefining and clarifying terms related to financial operations and credit cards. It specifies what is included in a budget and what is excluded, defines credit card and credit card policy, and outlines what constitutes a governing body. The bill also provides definitions for local school district, local unit, and credit card arrangement. The amendment will not take effect unless House Bill No. 6177 of the 103rd Legislature is enacted into law.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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