MILLAGE PROPOSALS - S.B. 538 (S-1): FLOOR ANALYSIS
Senate Bill 538 (Substitute S-1 as reported)
Sponsor: Senator Glenn D. Steil
Committee: Finance
CONTENT
The bill would amend the General Property Tax Act to provide that if a taxing unit submitted a proposal to the voters on the question of authorizing the issuance of bonds, imposing a new millage, or increasing or renewing an existing millage, the ballot would have to disclose fully each local unit of government to which the revenue from that millage would be disbursed. "Local unit of government" would mean a county, city, village, township, school district, intermediate school district, community college district, public library, or local authority created under State law.
MCL 211.24f - Legislative Analyst: G. Towne
FISCAL IMPACT
The bill would have no fiscal impact on State or local government.
Date Completed: 12-1-99 - Fiscal Analyst: R. RossFloor\sb538 - Bill Analysis @ http://www.state.mi.us/sfa
This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.