Snyder Signs Emergency Manager Legislation into Law

Filed under: U.P. News Updates |

Snyder approves emergency management legislationMARQUETTE, MI – (Great Lakes Radio News)Governor Rick Snyder has signed new Emergency Manager legislation into law, approved late in the lame duck session of the Michigan legislature.

Under the new law, struggling local governments would have four options to get out of financial distress: emergency management; a consent agreement; mediation; or Chapter 9 bankruptcy.

Opponents of the law contend that it’s just a replacement of the Emergency Manager law already struck down in the November election. But supporters point out that the new law has several key differences from the measure struck down on the statewide ballot including giving local officials a greater role in the process and providing more approaches to resolving their fiscal crises.

The new law replaces Public Act 4 of 2011 that was repealed by voters in November, but it will not take effect until March.

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