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MI SB0266
Bill
AI Summary
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Removes the word "school" from references to "school districts" in the regional enhancement property tax provisions of the Revised School Code.
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Adds new subsection (4) making dissolved school districts that retain limited separate identity ineligible to receive regional enhancement property tax revenue.
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Renumbers existing subsections (4) and (5) to become subsections (5) and (6) to accommodate the new provision.
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Adds language requiring constituent districts with entities operating public schools under agreement to count those pupils in membership and transfer attributable tax revenue to the operating entity.
Legislative Description
Education; financing; change in procedures for and distribution of regional enhancement property taxes; provide for under certain circumstances. Amends sec. 705 of 1976 PA 451 (MCL 380.705).
State agencies (existing): education
Last Action
Referred To Committee On Education
4/15/2015