Bill Text: MI SB0739 | 2015-2016 | 98th Legislature | Engrossed

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Bill Title: Transportation; other; regional transit authority act; clarify permissible use of a tax assessment under that act. Amends 2012 PA 387 (MCL 124.541 - 124.558) by adding sec. 10a.

Spectrum: Partisan Bill (Republican 3-0)

Status: (Engrossed - Dead) 2016-05-11 - Per Rule 41 Referred To Committee On Transportation And Infrastructure [SB0739 Detail]

Download: Michigan-2015-SB0739-Engrossed.html

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SB-0739, As Passed Senate, May 10, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

SENATE BILL No. 739

 

 

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.