Advisory Opinion on Constitutionality of 1975 Pa 301

I concur with my Brother Levin. I do so principally because of the interaction of two factors. The first factor is that the Job Development Authority Act deals with bond risks that are different from the secure risks of traditional revenue bonds that the bond buyer can rely on, such as the Blue Water Bridge, the Mackinac Bridge, hospitals, public housing, City-County Building, Detroit, etc., in each of which there was either a firm revenue record or sound engineering revenue projections. The second factor is the very strong emphasis in the act that the Legislature may in the future…