STADIUM/CONVENTION FACILITY TAX H.B. 6515: FLOOR SUMMARY
[Please see the PDF version of this analysis, if available, to view this image.]






House Bill 6515 (as passed by the House)
Sponsor: Representative Robert Jones
House Committee: Commerce

CONTENT
The bill would amend Public Act 180 of 1991, which allows an eligible municipality to impose an excise tax on bars, restaurants, hotels, motels, and motor vehicle rental businesses for the development of a stadium or convention facility, to decrease the required population of a city in a county under the definition of "eligible municipality".


This definition includes several categories of counties that must meet various population criteria and contain a city that also must meet population criteria, or the most populous city in those counties, if either intends to impose a tax under the Act for purposes related to a stadium or a convention facility. One of the categories is a county with a population of less than 300,000 containing a city with a population of more than 100,000. Under the bill, the city would have to have a population of more than 70,000.


MCL 207.751 Legislative Analyst: Suzanne Lowe

FISCAL IMPACT
The bill would have no effect on State revenue or expenditure, but could potentially increase local unit revenue. Because the revenue generated could be used only for certain restricted purposes, the bill also could be associated with increased local unit expenditures. The change would affect only the City of Kalamazoo. However, after the bill's enactment, the city's voters would need to approve a ballot measure allowing the permitted taxes to be imposed. It is unknown whether a ballot measure would pass and no information is available to estimate the revenue the taxes could generate.


Date Completed: 12-2-08 Fiscal Analyst: David Zin


floor\hb6515 Analysis available @ http://www.michiganlegislature.org
 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.

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. hb6515'/0708