Local government; revenue sharing; phased conversion from tax effort formula to per capita formula distribution, elimination of tax burden formula distribution, and deletion of certain requirements that property tax
levied be at least 1 mill; provide for.
Amends secs. 12, 13, 14a, 15 & 18 of Act 140 of 1971 (MCL 141.912 et seq.) & repeals secs. 4, 5, 6, 13a, 14 & 20 of Act 140 of 1971 (MCL 141.904 et seq.).
TIE BAR WITH:
SB 0577'95