Reduced Rate or Collections From Local Governmental Unit's Property, Income, or Utility Tax; Use of Reduction as Basis.

  1. Law
  2. Michigan Compiled Laws
  3. Municipal Financing
  4. 140 of 1971 - Glenn Steil State Revenue Sharing Act of 1971 (141.901 - 141.921)
  5. Reduced Rate or Collections From Local Governmental Unit's Property, Income, or Utility Tax; Use of Reduction as Basis.

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Sec. 13c.

For state fiscal years after the 1998-1999 state fiscal year, a reduction in the rate of or collections from a local unit of government's property, income, or utility tax shall not be used as a basis for a reduction of the amount distributed under this act to that local unit of government.

History: Add. 1996, Act 342, Imd. Eff. June 27, 1996


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