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Committee backs Senate Bill 7 to raise township bonding limits for buildings and fire departments
Summary
A Senate committee recommended favorably for passage Senate Bill 7, which increases bonded indebtedness limits for townships for general obligation bonds to repair, reconstruct, or equip township buildings and township fire departments. Senator Titus moved the committee recommendation; Senator Bowser seconded and the motion passed by voice vote.
A Senate committee voted to recommend favorably Senate Bill 7, a measure to increase bonded indebtedness limitations for townships on general obligation bonds issued for reconstruction, repair and equipment of township buildings and for township fire departments.
Committee staff member Charles briefed members,…
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