Senate Passes Detroit Bankruptcy Pension Bill - WLNS TV 6 Lansing - Jackson | Your Local News Leader

Senate Passes Detroit Bankruptcy Pension Bill

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(WLNS) - A Michigan Senate Committee has voted to use $195 million in state funds for Detroit’s pension funds.

That money goes with millions more in pledges from foundations and the Detroit Institute of Arts. It will help protect city pensions and prevent steeper cuts in the future.

6 News spoke with Detroit’s mayor who says the vote should be a no-brainer.

“I never take anything for granted in Lansing so I'm going to try and meet with every single Senator and just talk about what it is that we believe we are accomplishing in the city and we hope we get a fresh start, said Mike Duggan, Mayor of Detroit.

The legislation now goes to the governor for his signature.

Governor Rick Snyder held a media conference on the bipartisan passage of the Detroit state settlement package on Tuesday evening. He says he has his pen ready and will sign the bills as soon as they are in his hands. The bills are in the proofing process and Governor Snyder expects to sign them within the next couple of days.

Governor Snyder said, "I'm very proud to see how people responded." He went on to say this is about Detroit, Michigan, not Detroit vs. Michigan.

The judge made an exception to meet with the media and thanked everyone involved in the process. He said, "Today we area all Detroiters."

Senate democratic leader Gretchen Whitmer attended the conference and said, "I think today is a reason to smile."

Stay with 6 News on-air, at www.wlns.com, on Facebook.com/WLNS-TV or follow @WLNS on Twitter for 6 News the latest on Detroit's pension funds.
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