Please help us! Donate
Vote Smart Just The Facts
"Experts nearly all recommend Vote Smart."
"Vote Smart is a bright light in an often desultory civic culture."
- Bill Moyers
"We think so highly of Vote Smart that we are distributing their materials to all of our affiliates."
Key Votes
Sub HB 4850 - Tobacco Fund Bonds - Key Vote
Michigan Key Votes
Stages
- June 13, 2007 Executive Signed
- June 12, 2007 House Concurrence Vote Passed
- June 12, 2007 Senate Bill Passed
- May 30, 2007 House Bill Passed
- May 30, 2007 Introduced
Family
Issues
Stage Details
Legislation - Signed (Executive) - June 13, 2007
Title: Tobacco Fund Bonds
Signed by Governor Jennifer Granholm
Legislation - Concurrence Vote Passed (House) (-) - June 12, 2007
Legislation - Bill Passed With Amendment (Senate) (23-14) - June 12, 2007(Key vote)
Title: Tobacco Fund Bonds
Vote Result
Yea Votes
Nay Votes
Vote Smart's Synopsis:
Vote to pass a bill that authorizes the increased sale of bonds on the states tobacco fund and authorizes the proceeds to be used by the state Treasurer.
Highlights:
--Authorizes an increase from $400 million to $815 million in bonds to be sold on the tobacco fund (Sec. 8):
- -$400 million to the Michigan trust fund.
-$207.8 million to the state school aid fund.
-The remainder to the general fund.
Legislation - Bill Passed (House) (80-26) - May 30, 2007(Key vote)
Title: Tobacco Fund Bonds
Vote Result
Yea Votes
Nay Votes
Vote Smart's Synopsis:
Vote to pass a bill that authorizes the increased sale of bonds on the states tobacco fund and authorizes the proceeds to be used by the state Treasurer.
Highlights:
- Authorizes an increase from $400 million to $810 million in bonds to be sold on the tobacco fund (Sec. 8):
- -$400 million to the Michigan trust fund.
-$202.8 million to the state school aid fund.
-The remainder to the general fund.
Note:
NOTE: THIS IS A SUBSTITUTE BILL, MEANING THE LANGUAGE OF THE ORIGINAL BILL HAS BEEN REPLACED. THE DEGREE TO WHICH THE SUBSTITUTE BILL TEXT DIFFERS FROM THE PREVIOUS VERSION OF THE TEXT CAN VARY GREATLY.
Legislation - Introduced (House) - May 30, 2007
Title: Authorizing Bonds on the Tobacco Fund
Committee Sponsors
- Appropriations (Sponsor)
