Sunday, November 27, 2011

Emergency Financial Managers Act to be on Ballot in '12

It looks like the group collecting signatures to force a ballot vote on this new law do have enough signatures-according to the group.

They will file well over the 164,000 signatures needed. State will have 60 days to certify signatures and if certified then the question will be on the November 2012 ballot.

Once the signatures are certified the EFM law becomes null and void until the people vote on it in 2012.

This means that the cities and school districts that have EFMs will not have them-they will be out of office. Local elected officials will run the local unit until the vote. This includes Deteoit Schools and maybe the City of Detroit.

If the signatures are certified this will be a big, big loss for the Governor and a huge win for the Democrats in the Legislature and for public employee unions.

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