MI HB6240

Changes language in millage ballot requirements from "shall" to "must" regarding disclosure of local units receiving revenue and ballot disclosures for millage rates and bond issuances

Requires after December 31, 2022 that taxing units submit millage proposals only at May, August, or November regular election dates, eliminating the previous allowance of up to 2 millage elections per calendar year on any date

Maintains existing ballot disclosure requirements for millage rates including the millage rate, estimated first-year revenue, duration, purpose, and whether the millage is a renewal or new additional millage

Maintains existing ballot disclosure requirements for bond issuances including principal amount, maximum years outstanding, purpose, and estimated millage or revenue source information

Legislation is contingent on enactment of Senate Bill No. [blank] or House Bill No. 6239