HOUSE BILL No. 4690 April 24, 1997, Introduced by Reps. Whyman, Llewellyn, Rhead, Goschka, Gernaat, Dobb, Middleton and Kukuk and referred to the Committee on Tax Policy. A bill to amend 1941 PA 107, entitled "An act to authorize township water supply and sewage disposal services and facilities; to provide for financing of those serv- ices and facilities; and to prescribe the powers and duties of township boards with respect to those services and facilities," by amending sections 20b and 20k (MCL 41.350b and 41.350k), as added by 1989 PA 83. THE PEOPLE OF THE STATE OF MICHIGAN ENACT: 1 Sec. 20b.InIF PROPERTY IN a townshipwhere there are2landsIS serviced by a water system financed by revenue bonds 3 issued under the revenue bond act of 1933,Act No. 94 of the4Public Acts of 1933, being sections 141.101 to 141.140 of the5Michigan Compiled Laws, or by1933 PA 94, MCL 141.101 TO 6 141.140, bonds issued under the county public improvement act of 7 1939,Act No. 342 of the Public Acts of 1939, being sections846.171 to 46.188 of the Michigan Compiled Laws; Act No. 185 of02973'97 g FDD 2 1the Public Acts of 1957, being sections 123.731 to 123.786 of the2Michigan Compiled Laws; or Act No. 233 of the Public Acts of31955, being sections 124.281 to 124.294 of the Michigan Compiled4Laws, having1939 PA 342, MCL 46.171 TO 46.188, BONDS ISSUED 5 UNDER 1957 PA 185, MCL 123.731 TO 123.786, OR BONDS ISSUED UNDER 6 1955 PA 233, MCL 124.281 TO 124.294, AND HAS water service avail- 7 able for fire protection through fire hydrants and water mains, 8 the township board may determine by resolution that the reason- 9 able cost and value of the water service for fire protection 10 within the district served by the water system shall be borne by 11 a special assessment levied annually, while bonds are outstand- 12 ing, against all of the real property located within the dis- 13 trict, which shall constitute a special assessment district. A 14 special assessment under this section LEVIED BEFORE JANUARY 1, 15 1997 shall not be levied against any property in 1 year in excess 16 of 1/5 of 1% of the state equalized valuation of the property 17 unless a special hearing is held. A SPECIAL ASSESSMENT UNDER 18 THIS SECTION LEVIED AFTER DECEMBER 31, 1996 SHALL NOT BE LEVIED 19 AGAINST ANY PROPERTY IN 1 YEAR IN EXCESS OF 1/5 OF 1% OF THE TAX- 20 ABLE VALUE OF THE PROPERTY AS DETERMINED UNDER SECTION 27A OF THE 21 GENERAL PROPERTY TAX ACT, 1893 PA 206, MCL 211.27A, UNLESS A SPE- 22 CIAL HEARING IS HELD. 23 Sec. 20k. After the creation of a special assessment dis- 24 trictauthorized byUNDER section 20b and while bonds are 25stilloutstanding,theA township board may annually deter- 26 mine the amount to be assessed in the SPECIAL ASSESSMENT district 27 andthenlevy that amount of annual assessments as special 02973'97 g 3 1 assessments against the benefited properties within the 2 district. FOR A SPECIAL ASSESSMENT LEVIED UNDER THIS SECTION 3 AFTER DECEMBER 31, 1996, THE SPECIAL ASSESSMENT SHALL BE LEVIED 4 AGAINST THE TAXABLE VALUE OF BENEFITED PROPERTIES WITHIN THE DIS- 5 TRICT AS DETERMINED UNDER SECTION 27A OF THE GENERAL PROPERTY TAX 6 ACT, 1893 PA 206, MCL 211.27A. Further hearings shall not be held 7 unless a change in theamount ofannual assessment against an 8 individual property is contemplated or attempted. 02973'97 g Final page. FDD