Michigan Laws 124.469 – Additional tax levy
Current as of: 2024 | Check for updates
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Terms Used In Michigan Laws 124.469
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Political subdivision: means a county, city, village, or township. See Michigan Laws 124.452
- Public authority: means an authority created under this act. See Michigan Laws 124.452
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
- Taxable property: means the property taxable under the general property tax act, Act No. See Michigan Laws 124.452
Any member of the public authority or a political subdivision otherwise granted taxing authority under state law may levy a tax on all of the taxable property within the limits of the political subdivision, and appropriate, grant, or contribute the proceeds of the tax to the public authority for public transportation purposes as authorized by this act or to provide sufficient money to fulfill its contractual obligation to the public authority under section 20, which tax shall be within charter, statutory, and constitutional limitations.