Introduced
by
To revise the <a href="http://www.michiganvotes.org/2004-SB-1111">2004 law</a> that shifted forward biannual county property tax payments, and required counties to use the extra revenue this generated to create a fund to replace state revenue sharing payments. The bill would allow counties to spend an unlimited amount from their fund for any capital project, rather than only being able to spend an inflation-adjusted amount based on how much revenue sharing the county received in Fiscal Year 2003-04.
Referred to the Committee on Appropriations