MI HB5967

Removes exemption for ad valorem special assessment millages for police or fire protection from ballot disclosure requirements for millage proposals.

Requires ballots for millage proposals to disclose the millage rate, estimated first-year revenue, duration in years, purpose, and whether it is a renewal or new millage.

Mandates ballots include an example of anticipated total property tax burden for a principal residence based on all mills that would be levied if the proposed millage is authorized.

Requires bond proposal ballots to state the principal amount, maximum years outstanding, purpose, estimated millage/annual millage for debt retirement, and revenue source for repayment.

Limits taxing units to no more than 2 elections per calendar year for millage rate authorizations exceeding the previous year's reduced maximum rate, and prohibits combining renewal and new millage questions exceeding 0.5 mill in a single ballot question.