The House voted to pass Senate Bill 7, which revises statutory bonding limits for townships and increases the bonding cap for townships that operate fire departments.
Representative McNorton, the bill's carrier, told the Committee of the Whole the legislation sets a three-tier bonding limit for townships based on population: townships with 0–5,000 residents retain the current limit, those with 5,000–10,000 residents would have a 5% bonding limit, and townships with more than 10,000 residents would have a 10% limit on outstanding bonds. McNorton said the change is a response to more populated townships that maintain miles of paved roads and full-time staffs.
The bill also increases the statutory bonding limit for townships that maintain fire departments. McNorton said the existing statute (dating to 1949) sets a 1.5% cap and the bill would allow up to 5% of assessed tangible valuation for fire department improvements. He cited Soldier Township as an example and said the township's current bonding capacity under the old limit would be about $2 million while estimates for a new fire station range from $4 million to $7–8 million.
Representative Featherston spoke in support, saying the bill could save taxpayers money by enabling needed infrastructure investment through appropriate bonding. The Committee reported the bill favorably, and on final action the House recorded 116 votes in favor and 5 against; the bill was declared passed.
Ending: Sponsors said the change is aimed at modernizing bonding authority for larger, more complex townships and specifically to give townships with fire departments greater capacity to finance new stations and equipment.