February 3, 2016, Introduced by Senators SCHMIDT, KOWALL and STAMAS and referred to the Committee on Transportation.
A bill to amend 2012 PA 387, entitled
"Regional transit authority act,"
(MCL 124.541 to 124.558) by adding section 10a.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 10a. (1) A tax assessment levied under section 10(2)
shall not exceed 2 mills upon each dollar of taxable value of the
property of a public transit region and may only be used by an
authority for purposes authorized by this act.
(2) A tax assessment levied under section 10(2) and any
specific tax attributable to that assessment shall not be
attributed or transmitted to or retained or captured by any other
governmental entity for any other purpose.
Enacting section 1. This amendatory act takes effect 90 days
after the date it is enacted into law.