Senate Bill 0229
DIGEST OF SB 229 (Updated February 26, 2013 1:43 pm - DI 84)
Adjustment for township firefighting fund levy. Provides that in the case of a township and a municipality in the township in which: (1) the township provides fire protection to the municipality; and (2) the municipality does not pay the township for any part of the township's cost in providing fire protection services; the department of local government finance shall make an adjustment to the maximum property tax levies of the township and municipality, if the adjustment is agreed to by the fiscal bodies of the township and municipality. Provides that the municipality's maximum property tax levy shall be reduced by the average annual amount budgeted by the municipality for fire protection services during the preceding three years, and that the maximum property tax levy for the township's firefighting fund shall be increased by the product of: (1) the average annual amount budgeted by the municipality for fire protection services during the preceding three years; multiplied by (2) the assessed value growth quotient. Specifies that the tax rate for the township's firefighting fund shall also be imposed within the corporate boundaries of the municipality.
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