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Michigan House intorduces bills addressing Detroit bankruptcy aid

Detroit's emergency financial manager Kevyn Orr talks to members of the media outside the Detroit Newspapers building about the report he de
Detroit's emergency financial manager Kevyn Orr talks to members of the media outside the Detroit Newspapers building about the report he de

LANSING (WKZO) -- Detroit's finances could be under state oversight for up to 20 years if a proposed package of bills to give aid to help the city emerge from bankruptcy is passed. The eleven bills linked to giving Detroit nearly 195-million dollars were introduced in the state House Thursday.

The measures would create a seven-member commission which would have veto power over city officials on spending and contracts. The package also seeks to prevent the Detroit Institute of Arts from renewing a tri-county property tax and for all new employees to move into a 401-K style pension plan.

Emergency Manager Kevyn Orr is scheduled to testify next week before the House committee handling the legislation.

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