Loading chat...
MI HB6076
Bill
Status
6/12/2018
Primary Sponsor
Scott VanSingel
Click for details
AI Summary
-
Amends Section 2150 of the Natural Resources and Environmental Protection Act to clarify that tax payments in lieu of taxes on state-controlled lands include special assessments.
-
Establishes tiered per-acre payment rates: $2.50 before December 1, 1994; $2.00 from November 30, 1994 to December 31, 2013; $3.00 from December 31, 2013 to December 31, 2014; and $4.00 after December 31, 2014, adjusted annually by 5% or the inflation rate, whichever is less.
-
Exempts lands purchased after January 1, 1933 for natural resource purposes and state lands where other payments in lieu of taxes are already made.
-
Requires the Department of Treasury to distribute payments to counties on December 1 each year, with counties then distributing funds to townships and school districts proportionally based on acreage located in each jurisdiction.
-
Specifies distribution percentages: before December 1, 1994, payments go 40% to county general fund, 40% to township general fund, and 20% to school operating fund; after November 30, 1994, payments go 50% to county general fund and 50% to township general fund.
Legislative Description
Natural resources; other; payments in lieu of taxes; include special assessments. Amends sec. 2150 of 1994 PA 451 (MCL 324.2150).
Natural resources: other
Last Action
Referred To Committee Of The Whole
11/27/2018