MI SB0481

Clarifies that tax proceeds from recreational authorities can only be used for acquiring, constructing, operating, maintaining, and improving public swimming pools, recreation centers, auditoriums, conference centers, or parks.

Prohibits use of tax proceeds for general fund purposes by participating municipalities, except when directly related to managing the authority's business operations under a contract.

Prohibits use of tax proceeds for school operating purposes by any participating municipality that is a school district.

Requires recreational authorities to consider offering resident preferences or benefits including discounted admission fees, discounted membership fees, school children discounts, and access to educational programs.

Takes effect September 12, 2016, contingent upon the enactment of House Bill 4578.