Wednesday, June 19, 2013

Latest news, weather, high school sports for Michigan’s Upper Peninsula

Lt. Gov. Calley on Emergency Financial Manager Law
Posted: 07.24.2011 at 9:51 PM
Updated: 07.25.2011 at 2:55 AM
30

Calley visited TV6 studios and spoke about Emergency Financial Managers

Photo

NEGAUNEE TWP -- Lt. Governor Brian Calley spent much of last week in the Upper Peninsula.  He has family history up in the Copper County, where his grandfather worked the copper mines, but more importantly, he says the visit is to get in touch with the people.

Calley made stops in Iron Mountain's business district, in Calumet, and here at our TV6 studio for a private interview.  With all of the recent controversy stirring around Snyder's new emergency financial manager laws, we had to get his take on it.  He fully supports the change in the law that gives emergency financial managers more power.  He says the law is misunderstood.

"We should have renamed the act, the emergency financial manager prevention act," said Calley.  "What we wanted to do was change the legislation and the authorities such that we've had much attention on the front end to prevent an emergency financial manager from ever needing to be put in place; now in the event that one does get put in place it's because an entity stopped paying their employees, and so the citizens stopped receiving services or they defaulted on debt."

The governor insists that 90 percent of law is to prevent the implementation of emergency financial managers.

Popular Stories
Thumbnail
Mistrial declared in sex crime case
Abby Miller  |  Yesterday at 2:42 PM
Thumbnail
Four garages catch fire in Upper Michigan
David Fath  |  Yesterday at 10:10 AM  |  7 comments
Thumbnail
Governor Snyder issues decision on KBIC casino relocation
Ty Czarnopis  |  Yesterday at 1:50 PM  |  20 comments
Follow Upper Michigan's Source
Get news and weather notifications on your phone by downloading the iPhone or Android app below
Sign up to get alerts and updates for breaking news, severe weather, and deals:
submit
ADVERTISEMENT
Check This Out!
Recreation
Check out the Recreation section of Best Bets.
Best Bets
See what the experts have to say.
Home & Garden
Check out the Home & Garden section of Best Bets.
Automotive
Check out the Automotive section of Best Bets.
ADVERTISEMENT