March 27, 2003, Introduced by Reps. Pumford and Hart and referred to the Committee on Tax Policy.
A bill to amend 1993 PA 331, entitled
"State education tax act,"
by amending section 3 (MCL 211.903), as amended by 2002 PA 244.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
1 Sec. 3. (1) Beginning in 1994, except as otherwise provided
2 in subsection (2), there is levied a state education tax on all
3 property not exempt by law from ad valorem property taxes or not
4 subject to a tax under 1905 PA 282, MCL 207.1 to 207.21, at a
5 rate of 6 mills.
6 (2) In 2003 only, there is levied a state education tax on
7 all property not exempt by law from ad valorem property taxes or
8 not subject to a tax under 1905 PA 282, MCL 207.1 to 207.21, at
9 the rate of 5 5.5
mills.