MI HB5801

Amends Section 3 of the 1933 General Property Tax Limitation Act to modify notice requirements for elections proposing increases to property tax rate limitations.

Requires notice of elections under Michigan Election Law Section 653a to include a statement specifying the dollar amount per thousand dollars of taxable value by which the total tax rate limitation would increase and the number of years the increase would be effective.

Maintains existing provisions allowing municipal corporations to levy taxes under charter provisions in addition to constitutional limitations and allowing for renewal or continuation of expiring tax increases.

Defines "taxable value" as the value determined under Section 27a of the General Property Tax Act of 1893.