6549: FLOOR SUMMARY (12-10-08) - IND. OR FAMILY DEV'T ACCT PROGRAM

IND. OR FAMILY DEV'T ACCT PROGRAM H.B. 6549: FLOOR SUMMARY
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House Bill 6549 (as reported without amendment)
Sponsor: Representative Andy Coulouris
House Committee: Banking and Financial Services
Senate Committee: Families and Human Services

CONTENT
The bill would amend the State Housing Development Authority Act to authorize the Michigan State Housing Development Authority to implement, administer, or execute administrative, substantive, or supervisory powers pursuant to the Individual or Family Development Account Program Act.

MCL 125.1422 Legislative Analyst: Curtis Walker

FISCAL IMPACT
The bill would have no fiscal impact on State or local government.

Date Completed: 12-10-08 Fiscal Analyst: Elizabeth Pratt Maria Tyszkiewicz

Analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent. hb6549/0708