Mich. Comp. Laws § 125.1291

Current through Public Act 185 of the 2024 Legislative Session

Section 125.1291 - Allocation and reallocation of federal law bond limitation

Unless prohibited by applicable federal law, the state treasurer shall allocate and reallocate any federal law bond limitation allocated, reallocated, or waived to the state of Michigan for any of the following in accordance with the federal law establishing the bond limitation:

(a) Qualified school construction bonds.

(b) Recovery zone economic development bonds.

(c) Recovery zone facility bonds.

(d) Qualified energy conservation bonds.

MCL 125.1291

Added by 2010, Act 153,s 1, eff. 8/23/2010.