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MI SB0517

MI SB0517
Education: school districts; requirements for borrowing money and issuing bonds; modify. Amends sec. 1351a of 1976 PA 451 (MCL 380.1351a).


summary

Introduced
09/03/2025
In Committee
09/03/2025
Crossed Over
Passed
Dead

Introduced Session

103rd Legislature

Bill Summary

A bill to amend 1976 PA 451, entitled"The revised school code,"by amending section 1351a (MCL 380.1351a), as amended by 2016 PA 192.

AI Summary

This bill modifies the existing school code to update how school districts can borrow money and issue bonds for technology-related purchases and improvements. The bill broadens the definition of "technology" to include a wider range of technological resources such as cloud-hosted software, technological infrastructure, software licenses, cybersecurity services, and relevant consulting services. It removes previous restrictions on borrowing for technology, such as prohibitions on purchasing software upgrades, media, training, and consulting services. The bill now allows school districts to issue bonds for purchasing technological equipment and services, but still prohibits using bond funds for certain consumable items like ink, toner, batteries, and device repairs outside of warranty. School districts are still required to conduct an independent audit of their bonding activities within 120 days of completing projects financed by these bonds, and residents retain the right to sue to enforce these provisions. The changes aim to provide school districts with more flexibility in financing technology-related investments while maintaining financial accountability.

Committee Categories

Education

Sponsors (5)

Last Action

Referred To Committee On Education (on 09/03/2025)

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