LANSING, Mich. -- Michigan lawmakers are set to consider legislation to provide state aid to help settle Detroit's bankruptcy while imposing conditions on the city.
The first committee hearing on the 11-bill package is scheduled for Tuesday morning in Lansing. Detroit emergency manager Kevyn Orr will testify.
Two more hearings are planned later in the week.
The legislation would provide a $195 million lump-sum payment to help shore up Detroit pension funds and prevent the sale of city-owned art. A committee would be created to oversee city budgeting and spending for at least 20 years and possibly longer.
Other conditions include prohibiting the Detroit Institute of Arts from renewing a three-county property tax millage when it expires in 2023 and eventually moving new city hires from pension plans to 401(k) plans.
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