MI Senate Passes Emergency Financial Manager Bills

By: AP
By: AP

LANSING-- The Michigan Senate has approved bills that would give broad new powers to emergency financial managers over objections of union members.
The Republican-led Senate passed a main bill in the package by a 26-12 party-line vote Wednesday. The House has passed similar legislation and once differences are resolved between the two versions the bills would head to Gov. Rick Snyder for his signature.
Opponents of the legislation are concerned because emergency financial managers who are appointed by the state to run struggling cities and schools will have the power to terminate union contracts. Managers also could strip local elected officials of most powers.
Supporters of the legislation say it would lead to earlier intervention by the state, perhaps avoiding the crisis situations that lead to the appointment of emergency managers.


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