SB517 — Education: school districts; requirements for borrowing money and issuing bonds; modify. Amends sec. 1351a of 1976 PA 451 (MCL 380.1351a).

SB517 — Education: school districts; requirements for borrowing money and issuing bonds; modify. Amends sec. 1351a of 1976 PA 451 (MCL 380.1351a). · Informed CitizenryThis bill amends the revised school code to modify the rules for how school districts, including community districts, may borrow money and issue bonds. It specifies that bonds may be used to defray…Open in Informed Citizenry