Michigan legislation · 103rd Legislature
Michigan HB6351: Commercial code: other; references to uniform commercial code in public transportation authority act; revise. Amends sec. 23 of 1986 PA 196 (MCL 124.473). TIE BAR WITH: HB 6347'26
Status: In committee, September 24, 2026
What the bill says
To amend 1986 PA 196, entitled "Public transportation authority act," by amending section 23 (MCL 124.473), as amended by 2002 PA 335.
From the introduced text, September 24, 2026:
A bill to amend 1986 PA 196, entitled "Public transportation authority act," by amending section 23 (MCL 124.473), as amended by 2002 PA 335. the people of the state of michigan enact: Sec. 23. (1) A public authority may borrow money and issue notes and bonds to acquire, construct, or purchase public transportation facilities and to otherwise finance and carry out its the public authority's powers and duties. The notes and bonds may pledge, be payable from, and may be issued in anticipation of payment of the proceeds of any of the methods of financing described in section 17 or elsewhere in this act or as may be provided by law. (2) The public authority may issue bonds or notes at any time to retire, fund, or refund, in whole or in part, outstanding bonds or notes issued pursuant to under this act, or for transportation purposes under any other act, including the payment of interest accrued, or to accrue, to the earliest or any subsequent date of redemption, purchase, or maturity of the bonds or notes, redemption premium, if any, and any commission, service fees, and other expenses necessary to be paid in connection with the bonds or notes, whether the bonds or notes to be refunded have matured or are redeemable or shall will at a later date …
Sponsors
- Outman, Pat (R, 91) · primary sponsor
- Wozniak, Douglas (R, 59)
Latest actions
- : bill electronically reproduced 09/24/2026
- : referred to Committee on Finance
- : read a first time
- : introduced by Representative Rep. Pat Outman
Subjects: Commercial code: other
Common questions
- What is HB6351?
- HB6351 is a bill in the Michigan Legislature (103rd Legislature): Commercial code: other; references to uniform commercial code in public transportation authority act; revise. Amends sec. 23 of 1986 PA 196 (MCL 124.473). TIE BAR WITH: HB 6347'26.
- What does HB6351 do?
- In its own words: To amend 1986 PA 196, entitled "Public transportation authority act," by amending section 23 (MCL 124.473), as amended by 2002 PA 335.
- What is the status of HB6351?
- In committee as of September 24, 2026. Latest action: bill electronically reproduced 09/24/2026 (September 24, 2026).
- Who sponsored HB6351?
- Outman, Pat (R, 91), with 1 co-sponsor.
- Where is the official record for HB6351?
- On the Michigan Legislature website: https://www.legislature.mi.gov/Bills/Bill?ObjectName=2026-HB-6351
Source: official Michigan record. Tracked by Delilah, AI for legislation across all 50 states and Congress.