To revise a formula in the Revenue Sharing Act so that in Fiscal Year 2006-2007 each city, village, and township would receive the same combined total of statutory and constitutional revenue sharing payments that it received during FY 2004-05. The bill also would provide for adjustments to the way payments are calculated should state sales tax collections fall below the forecasted levels.
94 Yeas / 12 Nays | |
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Excused or Not Voting (1) | |
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