reglab/housing_qa huggingface dataset:
MI Comp L § 141.1602 (2021)
2021 Michigan Compiled Laws|Chapter 141 - Municipal Financing|Act 187 of 2014 - Michigan Settlement Administration Authority Act (141.1601 - 141.1611)|Section 141.1602 - Legislative Findings and Declarations.

141.1602 Legislative findings and declarations.Sec. 2.  The legislature finds and declares the following:  (a) If certain requirements are fulfilled, this state shall make a contribution to reduce deficiencies in pension benefits of members of retirement systems, in order to avoid additional ongoing and future litigation and to partially settle the city of Detroit's bankruptcy case, in return for, among other things, full releases from any claims against this state for alleged deficiencies in pension benefits.  (b) Partial settlement of the city of Detroit's bankruptcy case and this state's contribution in support serves important public purposes and will be beneficial to the entire state due to 1 or more of the following:  (i) It will improve household income of pensioners, many of whom may reside in other parts of this state, and reduce the likelihood of their seeking public assistance.  (ii) It will facilitate prompt resolution of the city of Detroit's bankruptcy case and save state taxpayers ongoing litigation costs.  (iii) It will protect this state and its taxpayers from potential claims from parties associated with the retirement systems.  (c) Establishing the authority and execution by the authority of its powers granted under this act fulfill in all respects a public and governmental purpose for the benefit of the people of this state. History: 2014, Act 187, Imd. Eff. June 20, 2014
MI Comp L § 141.1603 (2021)
2021 Michigan Compiled Laws|Chapter 141 - Municipal Financing|Act 187 of 2014 - Michigan Settlement Administration Authority Act (141.1601 - 141.1611)|Section 141.1603 - Definitions.

141.1603 Definitions.Sec. 3.  As used in this act:  (a) "Authority" means the Michigan settlement administration authority created under section 4.  (b) "Board" means the board of directors of the authority.  (c) "Contribution agreement" means the contribution agreement in substantially the form included with the city of Detroit's plan for adjustment.  (d) "Countercyclical budget and economic stabilization fund" means the countercyclical budget and economic stabilization fund created in section 351 of the management and budget act, 1984 PA 431, MCL 18.1351.  (e) "Plan for adjustment" means the plan for the adjustment of debts of the city of Detroit approved and entered by the United States bankruptcy court for the eastern district of Michigan, southern division, In Re City of Detroit, Michigan, case no. 13-53846.  (f) "Retirement systems" means the police and fire retirement system of the city of Detroit and the general retirement system of the city of Detroit.  (g) "Settlement administration fund" or "fund" means the settlement administration fund created in section 7.  (h) "State treasurer" means the state treasurer of this state or his or her designee who is designated by a written instrument signed by the state treasurer and maintained in a permanent file and whose signature has the same force and effect as the signature of the state treasurer for all purposes under this act. History: 2014, Act 187, Imd. Eff. June 20, 2014
MI Comp L § 141.1604 (2021)
2021 Michigan Compiled Laws|Chapter 141 - Municipal Financing|Act 187 of 2014 - Michigan Settlement Administration Authority Act (141.1601 - 141.1611)|Section 141.1604 - Michigan Settlement Administration Authority; Creation; Authority as State Institution; Appropriation.

141.1604 Michigan settlement administration authority; creation; authority as state institution; appropriation.Sec. 4.  (1) The Michigan settlement administration authority is created as a public body corporate and politic within the department of treasury. The authority is a state institution within the meaning of section 9 of article II of the state constitution of 1963 and an instrumentality of this state exercising public and essential governmental functions. The exercise by the authority of the powers conferred by this act is an essential governmental function of this state.  (2) For the fiscal year ending September 30, 2014, there is appropriated $194,800,000.00 from the settlement administration fund to be used only as provided in this act. History: 2014, Act 187, Imd. Eff. June 20, 2014
MI Comp L § 141.1605 (2021)
2021 Michigan Compiled Laws|Chapter 141 - Municipal Financing|Act 187 of 2014 - Michigan Settlement Administration Authority Act (141.1601 - 141.1611)|Section 141.1605 - Authority; Exercise of Duties; Performance of Administrative Functions.

141.1605 Authority; exercise of duties; performance of administrative functions.Sec. 5.  The authority shall exercise its duties independently of the state treasurer. Any administrative functions of the authority shall be performed under the direction and supervision of the state treasurer. History: 2014, Act 187, Imd. Eff. June 20, 2014
MI Comp L § 141.1606 (2021)
2021 Michigan Compiled Laws|Chapter 141 - Municipal Financing|Act 187 of 2014 - Michigan Settlement Administration Authority Act (141.1601 - 141.1611)|Section 141.1606 - Board of Directors; Membership; Compensation; Travel and Expenses; Quorum; Vote; Members Subject to MCL 15.321 to 15.330 and MCL 15.301 to 15.310; Discharge of Duties.

141.1606 Board of directors; membership; compensation; travel and expenses; quorum; vote; members subject to MCL 15.321 to 15.330 and MCL 15.301 to 15.310; discharge of duties.Sec. 6.  (1) The authority shall exercise its duties through its board of directors.  (2) The board shall consist of 3 members as follows:  (a) The state treasurer.  (b) The state budget director.  (c) One member appointed by the governor with the advice and consent of the senate, who has knowledge, skill, or experience in the legal field of bankruptcy.  (3) The state treasurer and the state budget director may appoint a representative to serve in his or her absence.  (4) Members of the board shall serve without compensation but may receive reasonable reimbursement for necessary travel and expenses incurred in the discharge of their duties.  (5) The state treasurer shall serve as chairperson of the board.  (6) A majority of the appointed and serving members of the board shall constitute a quorum of the board for the transaction of business. Actions of the board shall be approved by a majority vote of the members present at a meeting.  (7) The members of the board and any agent of the authority are subject to 1968 PA 317, MCL 15.321 to 15.330, and 1968 PA 318, MCL 15.301 to 15.310.  (8) A member of the board or agent of the authority shall discharge the duties of his or her position in a nonpartisan manner, with good faith, and with that degree of diligence, care, and skill that an ordinarily prudent person would exercise under similar circumstances in a like position. In discharging the duties, a member of the board or agent of the authority, when acting in good faith, may rely upon the opinion of legal counsel or other expert advice. History: 2014, Act 187, Imd. Eff. June 20, 2014
MI Comp L § 141.1607 (2021)
2021 Michigan Compiled Laws|Chapter 141 - Municipal Financing|Act 187 of 2014 - Michigan Settlement Administration Authority Act (141.1601 - 141.1611)|Section 141.1607 - Settlement Administration Fund; Creation; Deposit of Money or Other Assets; Investment; Interest and Earnings; Money Remaining at Close of Fiscal Year; Expenditure.

141.1607 Settlement administration fund; creation; deposit of money or other assets; investment; interest and earnings; money remaining at close of fiscal year; expenditure.Sec. 7.  (1) The settlement administration fund is created within the state treasury.  (2) The state treasurer may receive money or other assets from any source for deposit into the fund. The state treasurer shall direct the investment of the fund. The state treasurer shall credit to the fund interest and earnings from fund investments.  (3) Money in the fund at the close of the fiscal year shall remain in the fund and shall not lapse to the general fund.  (4) The authority shall expend money from the fund only as provided in this act. History: 2014, Act 187, Imd. Eff. June 20, 2014
MI Comp L § 141.1608 (2021)
2021 Michigan Compiled Laws|Chapter 141 - Municipal Financing|Act 187 of 2014 - Michigan Settlement Administration Authority Act (141.1601 - 141.1611)|Section 141.1608 - Disbursement to Retirement Systems; Conditions; Return of Money to Countercyclical Budget and Economic Stabilization Fund; Dissolution of Authority.

141.1608 Disbursement to retirement systems; conditions; return of money to countercyclical budget and economic stabilization fund; dissolution of authority.Sec. 8.  (1) The authority shall either disburse the money in the fund to the retirement systems or return the money to the countercyclical budget and economic stabilization fund as set forth in this section.   (2) The authority shall cause $194,800,000.00 to be paid to the retirement systems if and only if the authority determines in writing that both of the following conditions have been satisfied:  (a) The bankruptcy court has entered an order approving the plan for adjustment.  (b) The terms and conditions of the contribution agreement have been satisfied.  (3) If the authority determines in writing that at least 1 of the conditions in subsection (2) has not been satisfied, then the money in the fund shall be returned to the countercyclical budget and economic stabilization fund.  (4) If the authority has failed to make a finding in writing under subsection (2) or (3) by May 1, 2015, then the money in the fund shall be returned to the countercyclical budget and economic stabilization fund.  (5) The authority is dissolved on May 2, 2015. History: 2014, Act 187, Imd. Eff. June 20, 2014
MI Comp L § 141.1609 (2021)
2021 Michigan Compiled Laws|Chapter 141 - Municipal Financing|Act 187 of 2014 - Michigan Settlement Administration Authority Act (141.1601 - 141.1611)|Section 141.1609 - Public and Governmental Purpose.

141.1609 Public and governmental purpose.Sec. 9.  It is determined that the creation of the authority, the appropriation made to the authority, and the carrying out of the authority's authorized purposes are in all respects a public and governmental purpose for the benefit of the people of this state and for the improvement of their health, safety, welfare, comfort, and security, and that these purposes are public purposes, and that the authority will be performing an essential governmental function in the exercise of the powers conferred upon it by this act. History: 2014, Act 187, Imd. Eff. June 20, 2014
MI Comp L § 141.1610 (2021)
2021 Michigan Compiled Laws|Chapter 141 - Municipal Financing|Act 187 of 2014 - Michigan Settlement Administration Authority Act (141.1601 - 141.1611)|Section 141.1610 - State Contribution; Obligation.

141.1610 State contribution; obligation.Sec. 10.  The obligation to make this state's contribution described in the contribution agreement is not a general obligation or indebtedness of this state or the authority and is subject to the fulfillment of the requirements of the contribution agreement, the plan for adjustment, and the order of a bankruptcy court. History: 2014, Act 187, Imd. Eff. June 20, 2014
MI Comp L § 141.1611 (2021)
2021 Michigan Compiled Laws|Chapter 141 - Municipal Financing|Act 187 of 2014 - Michigan Settlement Administration Authority Act (141.1601 - 141.1611)|Section 141.1611 - Liability.

141.1611 Liability.Sec. 11.  This state, a state official or state-related entity, as defined in the plan for adjustment, the state treasurer, the authority, a board member, an agent of the authority, and any other legal, financial, or other expert providing advice to the authority does not have any liability for the representations, warranties, covenants, determinations, agreements, or other obligations of this state or the authority, or under any of the certificates, notices, or agreements delivered pursuant to the contribution agreement, the plan for adjustment, or the order of a bankruptcy court confirming the plan for adjustment. History: 2014, Act 187, Imd. Eff. June 20, 2014
MI Comp L § 141.1631 (2021)
2021 Michigan Compiled Laws|Chapter 141 - Municipal Financing|Act 181 of 2014 - Michigan Financial Review Commission Act (141.1631 - 141.1643)|Section 141.1631 - Short Title.

141.1631 Short title.Sec. 1.  This act shall be known and may be cited as the "Michigan financial review commission act". History: 2014, Act 181, Imd. Eff. June 20, 2014
MI Comp L § 141.1633 (2021)
2021 Michigan Compiled Laws|Chapter 141 - Municipal Financing|Act 181 of 2014 - Michigan Financial Review Commission Act (141.1631 - 141.1643)|Section 141.1633 - Definitions.

141.1633 Definitions.Sec. 3.  As used in this act:  (a) "Applicable contract" means a contract for goods or services proposed or entered into by a qualified city or school district that either exceeds $750,000.00, or a higher amount as determined by the commission, or is for a term exceeding 2 years. Applicable contract also includes multiple contracts for less than $750,000.00, or the higher amount determined by the commission, with 1 entity that, in the aggregate, exceed $750,000.00, or a higher amount as determined by the commission, within a 12-month period.  (b) "Federal bankruptcy code" means the federal bankruptcy code, 11 USC 101 to 1532.  (c) "Financial review commission" or "commission" means a financial review commission created in section 4.  (d) "Operating expenses" means the reasonable operating expenses of the commission, including without limitation the cost of preparing accounting and other reports, costs of commission meetings or other required activities of the commission, counsel fees, including fees of the attorney general, and fees and expenses incurred for consultants and fiduciaries required to carry out the purposes of this act.   (e) "Person" means an individual, corporation, limited or general partnership, association, joint venture, limited liability company, a governmental entity, including this state.  (f) "Plan for adjustment" means the plan for the adjustment of debts of a qualified city approved and entered by a United States bankruptcy court under chapter 9 of title 11 of the United States Code, 11 USC 901 to 946.  (g) "Professional services" means services that require a high degree of intellectual skill, an advanced degree, or professional licensing or certification. Those providing the professional services are distinguished based on their specialized knowledge, experience, and expertise. Professional services include, but are not limited to, accounting, actuarial, appraisal, auditing, investment advisor, and legal services.  (h) "Qualified city" means a city with a population of more than 600,000 that is subject to a plan for adjustment.  (i) "Qualified school district" means a school district with the same boundaries as a city with a population of 600,000 or more.   (j) "State treasurer" means the treasurer of this state or his or her designee who shall be designated by a written instrument signed by the state treasurer and maintained in a permanent file and whose signature shall have the same force and effect as the signature of the state treasurer for all purposes under this act. History: 2014, Act 181, Imd. Eff. June 20, 2014 ;-- Am. 2016, Act 53, Imd. Eff. Mar. 29, 2016 ;-- Am. 2016, Act 195, Imd. Eff. June 21, 2016
MI Comp L § 141.1634 (2021)
2021 Michigan Compiled Laws|Chapter 141 - Municipal Financing|Act 181 of 2014 - Michigan Financial Review Commission Act (141.1631 - 141.1643)|Section 141.1634 - Financial Review Commission; Creation; Powers, Duties, Functions, and Responsibilities; Budgeting, Procurement, Personnel, and Related Management Functions; Qualified School District.

141.1634 Financial review commission; creation; powers, duties, functions, and responsibilities; budgeting, procurement, personnel, and related management functions; qualified school district.Sec. 4.  (1) Except as provided in subsection (2), a financial review commission is created within the department of treasury for each qualified city and each qualified school district. Except as otherwise provided in this act, a commission shall exercise its powers, duties, functions, and responsibilities under this act independently of the state treasurer. The budgeting, procurement, personnel, and related management functions of a commission shall be performed under the direction and supervision of the state treasurer.  (2) If a qualified school district is located within the geographic boundaries of a qualified city for which a financial review commission is operating under this act, beginning on the date that school district becomes a qualified school district, the financial review commission for that qualified city also shall be the financial review commission for that qualified school district, and no separate or additional financial review commission for that qualified school district is created under this act. History: 2014, Act 181, Imd. Eff. June 20, 2014 ;-- Am. 2016, Act 53, Imd. Eff. Mar. 29, 2016
MI Comp L § 141.1640 (2021)
2021 Michigan Compiled Laws|Chapter 141 - Municipal Financing|Act 181 of 2014 - Michigan Financial Review Commission Act (141.1631 - 141.1643)|Section 141.1640 - Commission as Public and Governmental Purpose.

141.1640 Commission as public and governmental purpose.Sec. 10.  Each commission, and the carrying out of its authorized purposes under this act, is in all respects a public and governmental purpose for the benefit of the people of this state and for the improvement of their health, safety, welfare, comfort, and security. These purposes are public purposes, and the commission will be performing an essential governmental function in the exercise of the powers provided by this act. History: 2014, Act 181, Imd. Eff. June 20, 2014
MI Comp L § 141.1641 (2021)
2021 Michigan Compiled Laws|Chapter 141 - Municipal Financing|Act 181 of 2014 - Michigan Financial Review Commission Act (141.1631 - 141.1643)|Section 141.1641 - Appropriation.

141.1641 Appropriation.Sec. 11.  For the fiscal year ending September 30, 2014, $900,000.00 is appropriated from the general fund/general purpose to the department of treasury to be expended to provide commissions with the resources to exercise its powers, duties, and responsibilities under this act and as required by this state to enforce this act and the plan for adjustment; to secure professional services to assist in the implementation of this act; and for any other purposes that a commission determines in its discretion are necessary or implied to implement this act. History: 2014, Act 181, Imd. Eff. June 20, 2014
MI Comp L § 141.1642 (2021)
2021 Michigan Compiled Laws|Chapter 141 - Municipal Financing|Act 181 of 2014 - Michigan Financial Review Commission Act (141.1631 - 141.1643)|Section 141.1642 - Dissolution; Release of Qualified City or Qualified School District From Oversight; Qualified School District Subject to Emergency Manager.

141.1642 Dissolution; release of qualified city or qualified school district from oversight; qualified school district subject to emergency manager.Sec. 12.  (1) Subject to subsections (2) and (3), if a commission has waived the requirements of sections 6 and 7 under section 8 each year for the immediately preceding 10 consecutive fiscal years, and the plan for adjustment, if applicable, has expired, the commission shall, by resolution, dissolve itself. All property, funds, and assets of the commission, if any, shall be transferred to and vested in this state.  (2) The commission for a qualified school district shall not dissolve itself until the state treasurer certifies that all outstanding debts of that qualified school district are paid in full.  (3) If a commission is in place for both a qualified city and a qualified school district and the requirements of subsection (1) have been met for a qualified city or the requirements of subsections (1) and (2) have been met for a qualified school district, that qualified city or that qualified school district shall be released from oversight by the commission under this act.  (4) Notwithstanding any other provision of this act, if a qualified school district is subject to an emergency manager under the local financial stability and choice act, 2012 PA 436, MCL 141.1541 to 141.1575, then, for the period of time that the qualified school district is subject to an emergency manager, that qualified school district is not subject to oversight by the commission under this act. History: 2014, Act 181, Imd. Eff. June 20, 2014 ;-- Am. 2016, Act 53, Imd. Eff. Mar. 29, 2016
MI Comp L § 141.1643 (2021)
2021 Michigan Compiled Laws|Chapter 141 - Municipal Financing|Act 181 of 2014 - Michigan Financial Review Commission Act (141.1631 - 141.1643)|Section 141.1643 - Court of Claims; Jurisdiction.

141.1643 Court of claims; jurisdiction.Sec. 13.  Each commission is a state commission, and the members are state officers for the purposes of section 6419 of the revised judicature act of 1961, 1961 PA 236, MCL 600.6419. The court of claims shall have exclusive jurisdiction over any and all actions challenging the validity of this act. History: 2014, Act 181, Imd. Eff. June 20, 2014
MI Comp L § 169.201 (2021)
2021 Michigan Compiled Laws|Chapter 169 - Campaign Financing and Advertising|Act 388 of 1976 - Michigan Campaign Finance Act (169.201 - 169.282)|Section 169.201 - Short Title; Meanings of Words and Phrases.

169.201 Short title; meanings of words and phrases. Sec. 1.  (1) This act shall be known and may be cited as the "Michigan campaign finance act".  (2) Except as otherwise defined in this act, the words and phrases defined in sections 2 to 12 shall, for the purposes of this act, have the meanings ascribed to them in those sections. History: 1976, Act 388, Imd. Eff. Dec. 30, 1976 ;-- Am. 1989, Act 95, Imd. Eff. June 21, 1989
MI Comp L § 169.202 (2021)
2021 Michigan Compiled Laws|Chapter 169 - Campaign Financing and Advertising|Act 388 of 1976 - Michigan Campaign Finance Act (169.201 - 169.282)|Section 169.202 - Definitions; A, B.

169.202 Definitions; A, B. Sec. 2.  (1) "Award" means a plaque, trophy, certificate, bust, ceremonial gavel, or memento.  (2) "Ballot question" means a question that is submitted or is intended to be submitted to a popular vote at an election whether or not it qualifies for the ballot.  (3) "Ballot question committee" means a committee acting in support of, or in opposition to, the qualification, passage, or defeat of a ballot question but that does not receive contributions or make expenditures or contributions for the purpose of influencing or attempting to influence the action of the voters for or against the nomination or election of a candidate.  (4) "Bundle" means for a bundling committee to deliver 1 or more contributions from individuals to the candidate committee of a candidate for statewide elective office, without the money becoming money of the bundling committee.  (5) "Bundling committee" means an independent committee or political committee that makes an expenditure to solicit or collect from individuals contributions that are to be part of a bundled contribution, which expenditure is required to be reported as an in-kind expenditure for a candidate for statewide elective office.  (6) "Business" means a corporation, limited liability company, partnership, sole proprietorship, firm, enterprise, franchise, association, organization, self-employed individual, holding company, joint stock company, receivership, trust, activity, or entity that is organized for profit or nonprofit purposes. History: 1976, Act 388, Imd. Eff. Dec. 30, 1976 ;-- Am. 1994, Act 385, Eff. Jan. 1, 1995 ;-- Am. 2001, Act 250, Eff. Mar. 22, 2002