Substitute House Bill 69 Summary

• Requires reimbursement to townships for fire and emergency medical service levy revenue lost due to creation of municipal tax increment financing (TIF) districts, with board of township trustees able to waive or negotiate lesser amounts

• Authorizes subdivisions to remove territory from existing joint economic development zones (JEDZs) and allows townships to enter enterprise zone agreements with retail businesses upon school district approval

• Allows counties and transit authorities to levy sales taxes in increments of 0.25% instead of only 0.1% increments

• Modifies procedures for property tax levy resolutions by allowing county auditor certification to be submitted directly to county board of elections rather than requiring taxing authority to submit

• Increases appropriation for Medicaid Local Sales Tax Transition Fund from $207 million to $257 million and establishes distribution formula to counties and transit authorities to offset lost Medicaid-related sales tax revenues