Introduced
by
To require the state to provide a debt millage subsidy to school districts (like Detroit’s) that have low property tax values relative to the number of students (and thus get less money per mill of property taxes levied for school infrastructure projects than the state average). The bill would appropriate however much is necessary to bring all such districts up to the state average (meaning that districts which borrow more would also get more from the state).
Referred to the Committee on Appropriations
