---
type: "Bill"
title: "State financing and management; bonds; limitation on the aggregate cap on outstanding bonds; increase. Amends sec. 32 of 1966 PA 346 (MCL 125.1432)."
description: "State financing and management; bonds; limitation on the aggregate cap on outstanding bonds; increase. Amends sec. 32 of 1966 PA 346 (MCL 125.1432)."
jurisdiction: "us/states/mi"
legislature: "Michigan Legislature"
session: "2019-2020"
identifier: "HB 4908"
citation: "Michigan HB 4908 (2019-2020)"
classification: ["bill"]
subjects: ["State financing and management: bonds", "Housing: housing development authority"]
status: "enacted"
primary_sponsors: []
version_count: 5
action_count: 29
vote_count: 2
first_action: "2019-09-03T04:00:00+00:00"
last_action: "2020-04-16T04:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/a30164da-5bae-4652-ac80-5eb317d7909e"
source_url: "http://legislature.mi.gov/doc.aspx?2019-HB-4908"
source_hash: "7178041f325815d12599d63aa8a213bd39184b59cf1e76b00822487b53de43ef"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-mi"]
---

# Michigan HB 4908 (2019-2020) — State financing and management; bonds; limitation on the aggregate cap on outstanding bonds; increase. Amends sec. 32 of 1966 PA 346 (MCL 125.1432).

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **As Passed by the House** (committee substitute) — [source](http://legislature.mi.gov/documents/2019-2020/billengrossed/House/htm/2019-HEBH-4908.htm)
2. **As Passed by the Senate** (committee substitute) — [source](http://legislature.mi.gov/documents/2019-2020/billengrossed/House/htm/2019-HEBS-4908.htm)
3. **House Concurred Bill** (committee substitute) — [source](http://legislature.mi.gov/documents/2019-2020/billconcurred/House/htm/2019-HCB-4908.htm)
4. **House Introduced Bill** (committee substitute) — [source](http://legislature.mi.gov/documents/2019-2020/billintroduced/House/htm/2019-HIB-4908.htm)
5. **Public Act** (committee substitute) — [source](http://legislature.mi.gov/documents/2019-2020/publicact/htm/2020-PA-0073.htm)

## Votes

- PASSED; GIVEN IMMEDIATE EFFECT ROLL CALL # 113 YEAS 35 NAYS 2 EXCUSED 1 NOT VOTING 0 — **35–2** (pass) · upper
- passed; given immediate effect Roll Call # 329 Yeas 103 Nays 6 Excused 0 Not Voting 1 — **103–6** (pass) · lower

## Sponsors

- Abdullah Hammoud — cosponsor (person)
- Alex Garza — cosponsor (person)
- Cynthia Johnson — cosponsor (person)
- Diana Farrington — cosponsor (person)
- Karen Whitsett — cosponsor (person)
- LaTanya Garrett — cosponsor (person)
- Nate Shannon — cosponsor (person)
- Sherry Gay-Dagnogo — cosponsor (person)
- Tyrone Carter — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2019-09-03T04:00:00+00:00** introduced by Representative Karen Whitsett `introduction`
- **2019-09-03T04:00:00+00:00** read a first time `reading-1`
- **2019-09-03T04:00:00+00:00** referred to Committee on Financial Services `referral-committee`
- **2019-09-04T04:00:00+00:00** bill electronically reproduced 09/03/2019
- **2019-10-16T04:00:00+00:00** referred to Committee on Ways and Means `referral-committee`
- **2019-11-05T05:00:00+00:00** reported with recommendation without amendment `committee-passage`
- **2019-11-05T05:00:00+00:00** referred to second reading
- **2019-11-06T05:00:00+00:00** read a second time `reading-2`
- **2019-11-06T05:00:00+00:00** placed on third reading
- **2019-11-07T05:00:00+00:00** read a third time `reading-3`
- **2019-11-07T05:00:00+00:00** passed; given immediate effect Roll Call # 329 Yeas 103 Nays 6 Excused 0 Not Voting 1 `passage`
- **2019-11-07T05:00:00+00:00** transmitted
- **2019-11-12T05:00:00+00:00** REFERRED TO COMMITTEE ON APPROPRIATIONS `referral-committee`
- **2020-03-05T05:00:00+00:00** REPORTED FAVORABLY WITHOUT AMENDMENT `committee-passage`
- **2020-03-05T05:00:00+00:00** COMMITTEE RECOMMENDED IMMEDIATE EFFECT
- **2020-03-05T05:00:00+00:00** REFERRED TO COMMITTEE OF THE WHOLE `referral-committee`
- **2020-03-17T04:00:00+00:00** REPORTED BY COMMITTEE OF THE WHOLE FAVORABLY WITHOUT AMENDMENT(S) `committee-passage`
- **2020-03-17T04:00:00+00:00** PLACED ON ORDER OF THIRD READING
- **2020-03-17T04:00:00+00:00** RULES SUSPENDED
- **2020-03-17T04:00:00+00:00** PLACED ON IMMEDIATE PASSAGE
- **2020-03-17T04:00:00+00:00** PASSED; GIVEN IMMEDIATE EFFECT ROLL CALL # 113 YEAS 35 NAYS 2 EXCUSED 1 NOT VOTING 0 `passage`
- **2020-03-17T04:00:00+00:00** INSERTED FULL TITLE
- **2020-03-17T04:00:00+00:00** returned from Senate without amendment with immediate effect and full title
- **2020-03-17T04:00:00+00:00** full title agreed to
- **2020-03-17T04:00:00+00:00** bill ordered enrolled
- **2020-03-25T04:00:00+00:00** presented to the Governor 03/19/2020 01:20 PM `executive-receipt`
- **2020-04-16T04:00:00+00:00** approved by the Governor 04/02/2020 08:44 AM `executive-signature`
- **2020-04-16T04:00:00+00:00** filed with Secretary of State 04/02/2020 09:56 AM
- **2020-04-16T04:00:00+00:00** assigned PA 73'20 with immediate effect

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/a30164da-5bae-4652-ac80-5eb317d7909e`. Confidence: reported (aggregated from official Michigan legislature records).