Introduced Senate Bill (S)

Authored by

DIGEST

Township property tax levies. Authorizes a township to appeal to the department of local government finance (DLGF) for an increase in the township's maximum property tax levy to meet the costs of providing township assistance. Specifies that the maximum increase that the DLGF may authorize for a township for a particular calendar year is the levy that would result from a $0.01 increase in the township's township assistance property tax rate. Provides that the DLGF shall increase the maximum property tax levy for a township's firefighting fund for 2019 and thereafter if: (1) the township imposed a debt service levy Township property tax levies. Authorizes a township to appeal to the department of local government finance (DLGF) for an increase in the township's maximum property tax levy to meet the costs of providing township assistance. Specifies that the maximum increase that the DLGF may authorize for a township for a particular calendar year is the levy that would result from a $0.01 increase in the township's township assistance property tax rate. Provides that the DLGF shall increase the maximum property tax levy for a township's firefighting fund for 2019 and thereafter if: (1) the township imposed a debt service levy in 2018 to pay amounts borrowed to furnish fire protection; and (2) the township executive before August 1, 2018, submits a petition to the DLGF requesting the increase. Specifies that the amount of the increase in the maximum property tax levy for the township's firefighting fund is equal to the total amount of the principal that will be due in 2019 on amounts borrowed by the township to furnish fire protection. Makes a technical correction. ... View more