On July 24, 2018, Standard & Poor's raised its credit rating for the State of Michigan's general obligation bonds from AA- to AA. This upgrade will affect bonds issued by local governments that benefit from State credit...more
The Michigan House of Representatives has taken the final step to repeal the Prevailing Wage Law.
The House voted on June 6, 2018, to adopt Initiated Law 2 of 2018, which provides for the repeal of Act 166, Public Acts of...more
On Jan. 9, 2017, Michigan Governor Snyder signed into law a package of bills, all with immediate effect, that would exempt certain taxes levied for library purposes from being captured by tax increment financing authorities,...more