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MI SB1272

Bill

Official Source

Status

Introduced

4/21/2010

Primary Sponsor

Samuel Thomas

Click for details

Origin

Senate

95th Legislature

AI Summary

  • Changes the state fiscal year definition from beginning October 1 to beginning July 1 of each year.

  • Amends the Downtown Development Authority Act (1975 PA 197) to update definitions and financial provisions related to tax increment financing.

  • Modifies the definition of "state fiscal year" in MCL 125.1651 to align with the new July 1 start date.

  • Contains a tie-bar provision making the bill effective only if Senate Bill No. 1281 of the 95th Legislature is also enacted into law.

Legislative Description

Legislature; other; change in fiscal year; update 1975 PA 197. Amends sec. 1 of 1975 PA 197 (MCL 125.1651). TIE BAR WITH: SB 1281'10

Legislature, other

Last Action

Referred To Committee On Appropriations

4/21/2010

Committee Referrals

Appropriations4/21/2010

Full Bill Text

No bill text available