MILLAGE ROLLBACKS

House Bill 4570

Sponsor:  Rep. Chris Ward

Committee:  House Oversight, Elections, and Ethics

Complete to 4-12-05

A SUMMARY OF HOUSE BILL 4570 AS INTRODUCED 3-24-05

Generally speaking, the statutory provisions that implement the Headlee Tax Limitation Amendment to the state constitution require the rollback of millage rates in order to limit the increase from one year to the next in the total value of property (not including additions and losses) in a local unit of government to the rate of inflation.  Under the General Property Tax Act, millage authorized by voters on or before May 31 in any year is subject to the rollback calculation in the same year.  Millage authorized by voters after that date is not subject to rollback calculations until the year after voter authorization.    House Bill 4570 would change the May 31 threshold date to April 30.

MCL 211.34d

FISCAL IMPACT:

The bill would have no impact on state revenues.  At present, the impact on local units of government is indeterminate.

                                                                                           Legislative Analyst:   J. Hunault

                                                                                                  Fiscal Analyst:   Jim Stansell

■ This analysis was prepared by nonpartisan House staff for use by House members in their deliberations, and does not constitute an official statement of legislative intent.