––––––––––––––––––––
Subscribe to the Legal News!
http://www.legalnews.com/Home/Subscription
Full access to public notices, articles, columns, archives, statistics, calendar and more
Day Pass Only $4.95!
One-County $80/year
Three-County & Full Pass also available
- Posted December 31, 2012
- Tweet This | Share on Facebook
Governor signs new emergency manager law
LANSING (AP) -- Gov. Rick Snyder put a new emergency-manager law on the books in Michigan last Thursday, weeks after voters repealed a version that gave sweeping powers to a single person to overhaul financially distressed communities.
The new law will give local governments and ailing schools the opportunity to choose their own remedy. If a review team finds that a financial emergency exists, they have four options, including an emergency manager, bankruptcy or a reform plan with the state.
"This legislation demonstrates that we clearly heard, recognized and respected the will of the voters," Snyder said in a statement. "It builds in local control and options while also ensuring the tools to protect ... residents, students and taxpayers."
The law won't kick in until late March. Under the old law, the power to send an emergency manager rested solely with the governor. It was a threat to labor unions because managers had the power to throw out contracts.
A manager still would have the power to change or cancel contracts under the new law, but local officials could develop an alternative if it generates equal financial savings. Local governments can remove a manager after one year with a two-thirds vote of its governing board.
The law includes a $770,000 state appropriation to cover managers' salaries, a provision that would shield it from another statewide vote because spending bills are immune to referendums.
Published: Mon, Dec 31, 2012
headlines Oakland County
- Meet the Judges
- Phishing and Smishing and Skimming and Shimming: Nessel encourages public to watch out for common scams during NFL Draft
- 56 years later, bias case is closed: Hamtramck completes new housing
- Attorneys to explain new U.S. DOL rules
- Michigan employers, local partners spotlight Gov. Whitmer’s budget recommendations and benefits for Going PRO Talent Fund
headlines National
- New Legalese: You may have heard a deepfake, but what about ‘Twiqbal’?
- From Intake to Outcome: An in-house lawyer’s guide to matter management solutions
- 2 BigLaw firms in merger talks that could produce 1,600-lawyer firm with top 50 revenue
- Send in the paralegals
- Lawyer reprimanded after mistakenly emailing opposing counsel with plan to avoid judge’s call
- ‘I don’t play well’ judge who threatened to track down, jail misbehaving litigant gets tossed from case