Introduced
by
To eliminate the sunset on local governments creating new “<A href="http://www.michiganvotes.org/2007-SB-47">water resource improvement authorities</A>”which use extra property tax levies and “tax increment financing” schemes to divert other taxing units' property tax revenue to cover debt service payments on debt they incur for various recreation and development projects. The bill would also expand the scope of activities and geographic limits of these entities, letting them borrow and spend for dredging among other things.
Referred to the Committee on Outdoor Recreation and Tourism
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered
The substitute passed by voice vote
Passed in the Senate 32 to 5 (details)
Referred to the Committee on Natural Resources
Reported without amendment
With the recommendation that the amendment be adopted and that the bill then pass.
Amendment offered
To establish that if passed the bill will go into effect 90 days later.
The amendment passed by voice vote
Amendment offered
by
The amendment passed by voice vote
Passed in the House 92 to 16 (details)
To eliminate the sunset on local governments creating new “<A href="http://www.michiganvotes.org/2007-SB-47">water resource improvement authorities</A>”which use extra property tax levies and “tax increment financing” schemes to divert other taxing units' property tax revenue to cover debt service payments on debt they incur for various recreation and development projects. The bill would also expand the scope of activities and geographic limits of these entities, letting them borrow and spend for dredging among other things.
Passed in the Senate 25 to 11 (details)
