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Michigan Senate gives final OK to Detroit bankruptcy bills

The Michigan Senate on Tuesday gave final approval to legislation allocating nearly $195 million in state money for Detroit's plan to adjust its debt and exit the biggest municipal bankruptcy in U.S. history.

The nine-bill package, which was approved by the House of Representatives on May 22, now heads to Governor Rick Snyder.

(Reporting by Karen Pierog; Editing by Dan Grebler)