SB 0022 Summary

• Replaces "shall" with "must" throughout the General Property Tax Act for clearer language in sections 24f and 36.

• Requires ballot language for millage proposals to fully disclose each local unit of government receiving revenue and state the millage rate, estimated first-year revenue, duration, purpose, and whether it is a renewal or new millage.

• Requires bond election ballots to state the principal amount, maximum years outstanding, purpose, estimated millage rates, or primary revenue source for repayment.

• Restricts millage elections to the November regular election date beginning January 1, 2022, eliminating the prior allowance for up to 2 elections per calendar year on other dates.

• Extends millage election timing provisions to school districts, intermediate school districts, and community colleges subject to the November election date limitation after December 31, 2021.