Michigan legislation · 103rd Legislature
Michigan HB6372: Commercial code: other; references to uniform commercial code in Michigan broadband development authority act; revise. Amends sec. 10 of 2002 PA 49 (MCL 484.3210). TIE BAR WITH: HB 6347'26
Status: In committee, September 24, 2026
What the bill says
To amend 2002 PA 49, entitled "Michigan broadband development authority act," by amending section 10 (MCL 484.3210).
From the introduced text, September 24, 2026:
A bill to amend 2002 PA 49, entitled "Michigan broadband development authority act," by amending section 10 (MCL 484.3210). the people of the state of michigan enact: Sec. 10. (1) The authority may issue notes and bonds as provided under this act to do all of the following: (a) Pay the development costs associated with acquiring, leasing, constructing, maintaining, and operating the broadband infrastructure. (b) Make loans to persons for development costs. (c) Make loans to persons to make purchases related to the broadband infrastructure. (d) Make loans to persons to refinance existing debt of the authority or other persons incurred in connection with the acquisition or development of technology that constitutes a part of or is related to the broadband infrastructure. (e) Pay the interest on bonds and notes of the authority. (f) Establish reserves to secure the bonds and notes of the authority. (g) Make other expenditures necessary to carry out the authority's duties under this act, including the payment of the authority's operating expenses. (2) The authority may issue renewal notes, issue bonds to pay notes, and refund bonds by the issuance of new bonds, whether or not the bonds to be refunded have matured. The refunding bonds shall must be sold and the proceeds applied to the purchase, redemption, or payment of the bonds to be …
Sponsors
- Roth, John (R, 104) · 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. John Roth
Subjects: Commercial code: other
Common questions
- What is HB6372?
- HB6372 is a bill in the Michigan Legislature (103rd Legislature): Commercial code: other; references to uniform commercial code in Michigan broadband development authority act; revise. Amends sec. 10 of 2002 PA 49 (MCL 484.3210). TIE BAR WITH: HB 6347'26.
- What does HB6372 do?
- In its own words: To amend 2002 PA 49, entitled "Michigan broadband development authority act," by amending section 10 (MCL 484.3210).
- What is the status of HB6372?
- In committee as of September 24, 2026. Latest action: bill electronically reproduced 09/24/2026 (September 24, 2026).
- Who sponsored HB6372?
- Roth, John (R, 104), with 1 co-sponsor.
- Where is the official record for HB6372?
- On the Michigan Legislature website: https://www.legislature.mi.gov/Bills/Bill?ObjectName=2026-HB-6372
Source: official Michigan record. Tracked by Delilah, AI for legislation across all 50 states and Congress.