The Polk County Law Library may transfer money in reserve to Polk County for improvements to the county courthouse, under a new law.
Sponsored by Rep. Sandy Layman (R-Cohasset) and Sen. Justin Eichorn (R-Grand Rapids), the law, effective Aug. 1, 2020, gives the library, through its trustees, the ability to transfer up to half the money in its fiscal reserve, to a maximum of $150,000.
In order for the transfer to take place, the trustees would have to determine the reserve is projected to have enough money to sustain the library’s operations for over five years.
The transferred money will be used to defray “technological improvements” to the courthouse.
HF3804/SF3745*/CH117