Michigan Compiled Laws - Municipal Financing

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• County Sinking Fund Commissioners - Mich. Comp. Laws Section 141.11
  The county treasurer, the register of deeds, the county clerk, the chairman of the board of supervisors and the chairman of the finance committee ...
• County Sinking Fund Commissioners; Handling Of Fund, Investment - Mich. Comp. Laws Section 141.12
  The said board of sinking fund commissioners shall from time to time upon the best terms it can make, purchase or pay the outstanding ...
• County Sinking Fund Commissioners; Control Of Fund, Application - Mich. Comp. Laws Section 141.13
  Said board of sinking fund commissioners shall have exclusive control of the money of the sinking fund, and shall faithfully apply the same whenever ...
• Board Of Sinking Fund Commissioners; Annual Meeting; Transaction Of Business; Rules; Quorum; Payment Of Outstanding Debt; Investment Of Money; Presiding Officer; Clerk; Record; Conducting Business At Public Meeting; Notice Of Meeting; Availability Of Certain Writings To Public - Mich. Comp. Laws Section 141.14
  (1) The annual meeting of the board of sinking fund commissioners shall be held on the first Tuesday in September of each year. The board ...
• County Treasurer; Duties As Custodian, Bond - Mich. Comp. Laws Section 141.15
  The county treasurer shall have custody of all moneys, securities and evidences of debt belonging to or pertaining to said sinking fund, and he ...
• Condition Reports To Supervisors; Tax Recommendations. - Mich. Comp. Laws Section 141.16
  Said board of sinking fund commissioners shall from time to time, but at least annually, and whenever requested by the board of supervisors, make ...
• Tax Levy; Bond Sale Proceeds, Interest, Deposit. - Mich. Comp. Laws Section 141.17
  The board of supervisors shall in each year levy and collect a tax for the benefit of the sinking fund. Whenever any bonds of ...
• Per Diem; Expenses; County Charge - Mich. Comp. Laws Section 141.18
  The necessary expenses of the board of sinking fund commissioners incurred in the performing of any of their duties imposed upon them by this ...
• Commissioner's Rules - Mich. Comp. Laws Section 141.19
  Said board of sinking fund commissioners is authorized to adopt rules not in conflict herewith for the government of its actions, and shall be ...
• Approval Of Act By Supervisors - Mich. Comp. Laws Section 141.20
  Before this act shall be operative in any county in this state it shall be adopted by a 2/3 vote of the board of ...
• Bond Issues; Requisite Sinking Funds - Mich. Comp. Laws Section 141.31
  That from and after the passage of this act, before any county in the state of Michigan shall issue any bonds except serial bonds ...
• Sinking Fund Commissioners - Mich. Comp. Laws Section 141.32
  The county treasurer, the county clerk, the register of deeds, the chairman of the board of supervisors and the chairman of the finance committee ...
• Sinking Fund Commissioners; Control Of Fund, Application; Payment, Manner - Mich. Comp. Laws Section 141.33
  The said board of sinking fund commissioners shall have exclusive control of the money of the sinking fund and shall faithfully apply the same ...
• Sinking Fund Commissioners; Handling Of Funds, Investment; Bonded Debt - Mich. Comp. Laws Section 141.34
  The said board of sinking fund commissioners shall from time to time, as it shall deem expedient, purchase or pay the outstanding bonded debt ...
• Sinking Fund Commissioners; Annual Meeting, Procedure; Rules; Authorizing Vote; Clerk, Records - Mich. Comp. Laws Section 141.35
  The annual meeting of the said board of sinking fund commissioners shall be held on the first Tuesday of each year. Said board may, ...
• Sinking Fund Commissioners; Condition Reports To Board; Tax Recommendations - Mich. Comp. Laws Section 141.36
  The board of sinking fund commissioners shall from time to time, but at least annually, and whenever requested by the board of supervisors, make ...
• Bond Sale; Interest, Credit; Expenses Of Commissioners. - Mich. Comp. Laws Section 141.37
  Whenever any issue of the bonds of the county shall be sold for more than par value all the premium and accrued interest shall ...
• Suit On Securities - Mich. Comp. Laws Section 141.38
  The said board of sinking fund commissioners shall have power and authority to bring suit for the purpose of enforcing the collection of any ...
• Saving Clause; Construction Of Act - Mich. Comp. Laws Section 141.39
  In any county within the state of Michigan, which may have elected to act under the provisions of Act No. 42 of the Public ...
• Violation Of SS 168.1 To 168.992 Applicable To Petitions; Penalties - Mich. Comp. Laws Section 141.40
  A petition under section 9, including the circulation and signing of the petition, is subject to section 488 of the Michigan election law, 1954 ...
• Creation Of Sinking Fund For Public Buildings And Sites; Tax Referendum - Mich. Comp. Laws Section 141.51
  The board of supervisors of any county are hereby authorized to levy a tax of not to exceed 2 mills on the assessed valuation ...
• Tax Referendum Procedure - Mich. Comp. Laws Section 141.52
  Whenever the board of supervisors of any county shall by resolution vote in favor of levying a tax to create a sinking fund as ...
• Requisite Notices - Mich. Comp. Laws Section 141.53
  It shall be the duty of the township clerk or city clerk upon receipt of the notice herein required, to give notice in writing ...
• Ballots; Form, Contents, Distribution, Counting; Authorizing Vote; Levy - Mich. Comp. Laws Section 141.54
  It shall be the duty of the board of election commissioners of such county to prepare the necessary ballots for the use of the ...
• Sinking Fund Control - Mich. Comp. Laws Section 141.55
  The sinking fund to be created under the provisions of this act shall be under the control of the board of county sinking fund ...
• Borrowing Money For Permanent Improvements; Issuance, Sale, And Payment Of Bonds - Mich. Comp. Laws Section 141.61
  When the county board of commissioners of any county within this state considers it expedient for the county or its lawful officers, agents, and ...
• Constructing, Equipping, Or Making Alterations In Public Buildings; Authorization Of Expenditures - Mich. Comp. Laws Section 141.61a
  The county board of commissioners without submitting the same to the vote of the electors may authorize annually the expenditure of any funds on ...
• Board's Resolution; Contents; Referendum - Mich. Comp. Laws Section 141.62
  The resolution of the board of supervisors shall contain a proviso that it shall not become effective or binding upon the county until it ...
• Board's Resolution; Required Notices; Election Procedure; Construed - Mich. Comp. Laws Section 141.63
  The county clerk shall, at least 30 days before any election at which the electors are to vote on any county bond issue, serve ...
• Election Returns; Certificate, Recording; Authorized Acts - Mich. Comp. Laws Section 141.64
  When the returns from the election herein provided for shall show that a majority of the electors of the county voting thereon have approved ...
• Provisions Cumulative; Election - Mich. Comp. Laws Section 141.65
  This act and the powers and authority hereby granted shall be deemed cumulative and confirmatory of powers heretofore or hereafter granted to counties to ...
• Validation Clause - Mich. Comp. Laws Section 141.66
  Nothing in this act shall invalidate any bonds heretofore authorized or any proceedings heretofore taken to authorize the issuance of bonds by any county ...
• Tax For Sites, Construction, Or Repair Of Public Buildings Or Bridges; Limitations; Bonds Subject To Revised Municipal Finance Act - Mich. Comp. Laws Section 141.71
  (1) The county board of commissioners of a county may, subject to the limitations provided in the property tax limitation act, 1933 PA 62, MCL ...
• Board Of Supervisors; Excess Sums; Referendum, Procedure - Mich. Comp. Laws Section 141.72
  Whenever the board of supervisors of any county shall by resolution vote in favor of levying a tax or borrowing money in excess of ...
• Notice Of Election; Posting - Mich. Comp. Laws Section 141.73
  It shall be the duty of the township clerk or chairman of the board of election inspectors, upon receipt of the notice herein required, ...
• Ballots; Form, Distribution, Counting; Authorizing Vote, Effect - Mich. Comp. Laws Section 141.74
  It shall be the duty of the board of election commissioners of such county to prepare the necessary ballots for use of the electors ...
• Cities And Villages, Prohibited Taxes - Mich. Comp. Laws Section 141.91
  Except as otherwise provided by law and notwithstanding any provision of its charter, a city or village shall not impose, levy or collect a ...
• Short Title; Revenue Bond Act Of 1933 - Mich. Comp. Laws Section 141.101
  This act shall be known and may be cited as "the revenue bond act of 1933." History: 1933, Act 94, Imd. Eff. May 26, ...
• Construction Of Act - Mich. Comp. Laws Section 141.102
  This act shall be construed as cumulative authority for the exercise of the powers herein granted and shall not be construed to repeal any ...
• Definitions - Mich. Comp. Laws Section 141.103
  As used in this act: (a) "Public corporation" means a county, city, village, township, school district, port district, or metropolitan district of the state ...
• Municipal Public Improvements; Limitations; Bonds; Acquiring Utility For Supplying Light, Heat Or Power; Referendum; Powers Exercised - Mich. Comp. Laws Section 141.104
  Any public corporation is authorized to purchase, acquire, construct, improve, enlarge, extend or repair 1 or more public improvements and to own, operate and ...
• Estimate Of Cost And Period Of Usefulness - Mich. Comp. Laws Section 141.105
  Whenever the governing body of any public corporation shall determine to purchase, acquire, construct, improve, enlarge, extend and/or repair any public improvement and to ...
• Ordinances; Adoption; Purpose; Approval Or Disapproval; Veto; Effective Date; Referendum; Record; Authentication; Publication - Mich. Comp. Laws Section 141.106
  The governing body of a public corporation by the affirmative vote of a majority of its elected members, at the meeting at which it ...
• Bonds; Issuance; Form; Term; Interest; Exclusion From Net Bonded Indebtedness; Registration; Pledge Of Funds; Statutory First Lien - Mich. Comp. Laws Section 141.107
  (1) For the purpose of defraying the whole or a part of project costs, a public corporation may borrow money and issue its negotiable bonds. ...
• Powers Of Public Corporation In Determining To Issue Bonds; Terms Of Payment; Interest; Sale Or Remarketing; Tender Of Bonds By Holders; Determining Aggregate Authorized Amount Of Bonds Outstanding; Remarketing Or Resale Of Tendered Bonds Or Incurrence Of Obligation Of Public Corporation; Provisions Of Section Construed - Mich. Comp. Laws Section 141.107a
  (1) A public corporation in determining to issue bonds, including refunding bonds, may do the following: (a) As additional security to assure timely payment of ...
• Lien On Revenue In Favor Of Bondholders - Mich. Comp. Laws Section 141.108
  There shall be created in the authorizing ordinance a lien, by this act made a statutory lien, upon the net revenues pledged to the ...
• Statutory Lien On Net Revenues; Duration; Enforcement. - Mich. Comp. Laws Section 141.109
  The net revenues which are pledged shall be and remain subject to the statutory lien until the payment in full of the principal of ...
• Receiverships For Public Improvements. - Mich. Comp. Laws Section 141.110
  If there be any default in the payment of the principal of or interest upon any of said bonds, any court having jurisdiction in ...
• Bonds; Application Of Other Laws And Charters - Mich. Comp. Laws Section 141.111
  The bonds authorized hereunder shall not be subject to any limitations or provisions contained in the laws of the state of Michigan, pertaining to ...
• Bonds; Discount; Sale Price; Interest; Competitive Or Negotiated Sale; Notice; Publication - Mich. Comp. Laws Section 141.112
  (1) Bonds issued under this act may be sold at a discount but may not be sold at a price that would make the interest ...
• Bonds Subject To Revised Municipal Finance Act - Mich. Comp. Laws Section 141.112a
  (1) Bonds issued under this act for which a municipality pledges its full faith and credit are also subject to the revised municipal finance act, ...
• Bulletins; Issuance By Department Of Treasury - Mich. Comp. Laws Section 141.112b
  The department of treasury is authorized to issue bulletins as necessary to carry out the purposes of this act. A bulletin issued under this ...
• Bonds; Statement On Face Of Bond Or On Face Of Interest Coupon - Mich. Comp. Laws Section 141.113
  (1) There shall be plainly stated on the face of each bond: that it is issued under this act; that it is a self-liquidating bond ...
• Bonds; Qualities Of Negotiable Instruments - Mich. Comp. Laws Section 141.114
  The bonds shall have all the qualities of negotiable instruments as provided for in the uniform commercial code, 1962 PA 174, MCL 440.1101 to ...
• Bonds; Deposit And Investment Of Sale Proceeds - Mich. Comp. Laws Section 141.115
  The governing body shall require that the proceeds of the sale of bonds issued under this act be deposited in an account or accounts ...
• Bonds; Use Of Sale Proceeds; Cancellation Of Bonds Acquired By Purchase; Payment Of Capitalized Interest - Mich. Comp. Laws Section 141.116
  Money received from the sale of bonds shall be used solely for the payment of project costs. An unexpended balance of the proceeds of ...
• Bonds; Validity Of Signatures - Mich. Comp. Laws Section 141.117
  In case any of the officers whose signatures or counter-signatures appear on the bonds or coupons shall cease to be such officers before delivery ...
• Charges For Services; Providing Medical Care Without Charge Or At Reduced Rates - Mich. Comp. Laws Section 141.118
  (1) Except as provided in subsection (2), free service shall not be furnished by a public improvement to a person, firm, or corporation, public or ...
• Additional Bonds - Mich. Comp. Laws Section 141.119
  (1) A borrower issuing bonds for any public improvement pursuant to this act, at the time of the authorization of the bonds, may provide in ...
• Revenue Refunding Bonds - Mich. Comp. Laws Section 141.120
  (1) If a borrower has outstanding any bonds issued under this act, it may issue and negotiate new bonds under this act for the purpose ...
• Combined Public Improvements; Bonds; Revenues Pledged; Retirement - Mich. Comp. Laws Section 141.120a
  Any public corporation may determine to operate 2 or more public improvements as a combined public improvement and in such case it may pledge ...
• Issuance Of Revenue Bonds To Retire Outstanding Bonds For Public Improvements; Revenue Refunding Bonds; Noncallable Unmatured Bonds - Mich. Comp. Laws Section 141.120b
  If a township, city, or village has outstanding bonds issued for acquiring or constructing public improvements, whether the bonds are payable from revenues, special ...
• Parking Revenue Bonds; Special Assessments On Benefited Properties - Mich. Comp. Laws Section 141.120c
  When a borrower has outstanding any parking revenue bonds issued under the provisions of this act, it may thereafter levy special assessments against properties ...
• Rates For Services; Sufficiency; Fixing And Revising; Pledge For Payment Of Bonds; Charges For Services As Lien On Premises; Certification Of Delinquent Charges; Notice Of Tenants' Responsibility For Payment Of Charges; Cash Deposit; Discontinuance Of Service To Enforce Payment Of Charges; Validation Of Enforcement Methods Included In Ordinance - Mich. Comp. Laws Section 141.121
  (1) Rates for services furnished by a public improvement shall be fixed before the issuance of the bonds. The rates shall be sufficient to provide ...
• Accounting Of Revenues; Order Of Priority; Disposition Of Surplus - Mich. Comp. Laws Section 141.122
  (1) In the authorizing ordinance the governing body of the borrower shall provide that the revenues of the public improvement be accounted for separately from ...
• Appropriation And Use Of Revenues For Payment Of Operation And Maintenance Expenses; Appropriation And Use Of Moneys Raised By Tax Levy - Mich. Comp. Laws Section 141.123
  The borrower may appropriate and use, and may covenant to appropriate and use, any part of its available income or revenues derived from any ...
• Money In Several Accounts Of Public Improvement; Separate Deposit Account; Investment - Mich. Comp. Laws Section 141.124
  (1) Money in the several accounts of the public improvement shall be deposited as designated by the governing body of the borrower. Money in the ...
• Fixing Dates Of Operating Year For Public Improvement - Mich. Comp. Laws Section 141.125
  The ordinance authorizing the issuance of such bonds shall fix the dates of the beginning and ending of the operating year for such public ...
• Receiving Fund Surplus; Deposit - Mich. Comp. Laws Section 141.126
  Any money remaining in the accounts of the public improvement at the end of any operating year, which under the provisions of section 22 ...
• Issuance Of Bonds By Public Corporation; Applicable Laws - Mich. Comp. Laws Section 141.127
  A public corporation issuing bonds under this act is subject to all of the following: (a) If the public corporation issuing the bonds meets ...
• Effect Of Approval Permitting Issuance Of Bonds - Mich. Comp. Laws Section 141.128
  Qualification or approval to issue obligations under the revised municipal finance act, 2001 PA 34, MCL 141.2101 to 141.2821, that permits the issuance of ...
• Service Rates Not Subject To Supervision By State Agency - Mich. Comp. Laws Section 141.129
  Rates charged for the services furnished by any public improvement purchased, acquired, constructed, improved, enlarged, extended and/or repaired under the provisions of this act ...
• Books Of Record And Account; Annual Audit Report - Mich. Comp. Laws Section 141.130
  (1) Any borrower issuing revenue bonds under this act shall install, maintain, and keep proper books of record and account, separate from other records and ...
• Redemption Of Bonds Before Maturity. - Mich. Comp. Laws Section 141.131
  The governing body of the borrower authorizing bonds under this act may make provisions in the authorizing ordinance for the redemption before maturity of ...
• Breach Of Contract Not Authorized; Pledging Of Revenues; Disconnection Of Lands Not To Affect Liability Under Bond Issue - Mich. Comp. Laws Section 141.132
  Nothing in this act shall be construed as authorizing any borrower to impair or commit a breach of the obligation of any valid lien ...
• Issuance Of Bonds Without Submitting Proposition To Voters For Approval; Notice Of Intent To Issue Bonds; Petition Requesting Referendum; Special Election; Verification And Rejection Of Signatures; Determining Number Of Registered Electors - Mich. Comp. Laws Section 141.133
  Unless otherwise provided in this act, the powers conferred upon public corporations by this act shall be exercised by their respective governing bodies and ...
• Validation Of Bonds Heretofore Issued - Mich. Comp. Laws Section 141.133a
  All bonds heretofore issued under this act as originally adopted or subsequently amended are hereby validated. A public corporation shall not contest the validity ...
• Violation Of SS 168.1 To 168.992 Applicable To Petitions; Penalties - Mich. Comp. Laws Section 141.133b
  A petition under section 33, including the circulation and signing of the petition, is subject to section 488 of the Michigan election law, 1954 ...
• Liberal Construction Of Act - Mich. Comp. Laws Section 141.134
  This act, being necessary for and to secure the public health, safety, convenience and welfare of the counties, cities, incorporated villages, townships, school districts, ...
• Immediate Necessity - Mich. Comp. Laws Section 141.136
  This act, being necessary for and to secure the public health, safety, convenience and welfare of the counties, cities, incorporated villages, townships, school districts, ...
• Condemnation Of Property - Mich. Comp. Laws Section 141.137
  Public corporations shall have the right and power to condemn property for public improvements. In the condemnation of property, public corporations may proceed under ...
• Trustee; Appointment; Powers And Duties; Pledging Of Trust Funds - Mich. Comp. Laws Section 141.138
  An ordinance authorizing the issuance of bonds under this act may provide for the appointment of a trustee with the powers and duties prescribed ...
• Water Pollution; Prevention Or Abatement; Public Corporation May Accept Grants Or Aid From U.S. Government - Mich. Comp. Laws Section 141.139
  Any public corporation is hereby authorized to apply for and accept grants or any other aid which the United States government or any agency ...
• Allocation System For Private Activity Bonds; Establishment; Purpose; Applicability; Ratification Of Prior Allocations; Revocation Of Allocation; Applicability Of Subsection (1) - Mich. Comp. Laws Section 141.140
  Sec. 40. (1) Until otherwise provided by law, the state treasurer may establish and maintain an allocation system for private activity bonds, which system shall ...
• Definitions - Mich. Comp. Laws Section 141.151
  As used in this act: (a) "Public corporation" means any body corporate organized by or pursuant to the laws of this state to carry ...
• Maximum Interest Rate On Certain Bonds And Evidences Of Indebtedness - Mich. Comp. Laws Section 141.152
  Notwithstanding the provisions of any other law, charter provision, ordinance, ballot or other proceedings to the contrary, any public corporation may agree or contract ...
• Maximum Interest Rate On Assessments Or Certain Contract Obligations; Adjustment - Mich. Comp. Laws Section 141.153
  Notwithstanding the provisions of any other law, charter provision or ordinance to the contrary, any assessment made by a public corporation against any corporation, ...
• Short Title - Mich. Comp. Laws Section 141.161
  This act shall be known and may be cited as "the unlimited tax election act". History: 1979, Act 189, Imd. Eff. Dec. 21, 1979 ...
• Definitions - Mich. Comp. Laws Section 141.162
  As used in this act, except when otherwise indicated by the context: (a) "Legislative body" means the board, council, commission, or other body having ...
• Purpose - Mich. Comp. Laws Section 141.163
  This act creates full and complete additional and alternative methods for the exercise of the powers granted in this act. History: 1979, Act 189, ...
• Unlimited Tax Pledges For Payment Of Tax Obligations; Resolution Submitting Question To Vote Of Electors; Election; Approval; Binding Unlimited Tax Pledges; Tax Levy - Mich. Comp. Laws Section 141.164
  (1) If a public corporation is authorized by statute or charter to issue or incur tax obligations which under the terms of section 6 of ...
• Different Tax Obligations As Single Ballot Proposition; Contents Of Ballot Question And Notice Of Election; New Authority Not Granted - Mich. Comp. Laws Section 141.165
  (1) Even though the tax obligations may be for different purposes and may be issued or incurred individually over a period of time, a public ...
• Time Of Making Unlimited Tax Pledge In Support Of Tax Obligation - Mich. Comp. Laws Section 141.166
  A public corporation shall not be required to have issued or incurred 1 or more tax obligations to be supported by 1 or more ...
• Validation Of Prior Elections - Mich. Comp. Laws Section 141.167
  Elections held in substantial compliance with and before the effective date of this act shall be considered to have secured voter approval of an ...
• Liberal Construction - Mich. Comp. Laws Section 141.168
  This act shall be liberally construed to effect its purposes. History: 1979, Act 189, Imd. Eff. Dec. 21, 1979 ...
• Automobile Parking Facilities; Leasing Space, Limitation - Mich. Comp. Laws Section 141.171
  Any township may acquire, improve, enlarge, extend and operate automobile parking facilities for the use of the public and may finance the same by ...
• Automobile Parking Facilities; Leasing Of Ground And Basement Floor Space By Township For Purposes Other Than Parking Of Automobiles - Mich. Comp. Laws Section 141.172
  The township board of the township may lease for purposes other than the parking of automobiles, upon such terms and for such periods as ...
• Scope Of Act - Mich. Comp. Laws Section 141.173
  This act shall not be deemed to repeal or limit the powers granted in any other act but shall be construed as cumulative authority ...
• Defaulted Municipal Bonds - Mich. Comp. Laws Section 141.211
  Any county, city, township, village, or school district in this state is hereby authorized to call for tenders of, and accept defaulted bonds of ...
• Defaulted Municipal Bonds; Call For Tenders - Mich. Comp. Laws Section 141.212
  Whenever any bonds of any special assessment district or improvement district of any county, city, township, village, or school district of the state of ...
• Defaulted Municipal Bonds; Tenders, Acceptance Or Rejection - Mich. Comp. Laws Section 141.213
  Upon the giving of such call for tenders of such bonds, the holder or holders thereof may submit his tender to the governing body ...
• Defaulted Municipal Bonds; Payment Of Accepted Tenders - Mich. Comp. Laws Section 141.214
  Upon the acceptance of any of such tenders, said bonds shall be paid at the price requested by such tenders, out of the funds ...
• Definitions - Mich. Comp. Laws Section 141.221
  The following definitions shall apply for the purposes of this act: (a) "Municipality" means any local unit of government of this state which may ...
• Municipal Borrowing; Bus And Street Railway Transportation Or Water Supply Utility Purposes - Mich. Comp. Laws Section 141.222
  Any municipality of this state that operates any public utility pursuant to law for the purpose of supplying bus or street railway transportation or ...
• Notes Subject To SS 141.2101 To 141.2821 - Mich. Comp. Laws Section 141.223
  Notes issued under this act are subject to the revised municipal finance act, 2001 PA 34, MCL 141.2101 to 141.2821. History: 1937, Act 79, ...
• Municipal Borrowing For Utility Purposes; Limitations - Mich. Comp. Laws Section 141.224
  Any governmental unit described in this act may borrow money and issue notes in anticipation of the collection of revenues of any utility described ...
• Repealed. 2002, Act 193, Imd. Eff. Apr. 29, 2002 - Mich. Comp. Laws Section 141.225
  Compiler's Notes: The repealed section pertained to municipal borrowing for utility purposes. ...
• Municipal Borrowing For Utility Purposes; Liability Of Municipality; Construction Of Act - Mich. Comp. Laws Section 141.226
  The faith and credit of the municipality shall remain pledged for the payment of said notes: Provided, however, That this act shall not repeal ...
• Borrowing Money And Issuing Notes For County Road Purposes; Resolution - Mich. Comp. Laws Section 141.251
  Boards of county road commissioners are authorized and empowered, upon the adoption of a resolution, to borrow money, the sum of which shall not ...
• Notes; Issuance; Provisions - Mich. Comp. Laws Section 141.252
  All notes issued under this act are subject to all of the following provisions: (a) For the purpose of computing the amount that may ...
• Repealed. 2002, Act 194, Imd. Eff. Apr. 29, 2002 - Mich. Comp. Laws Section 141.253
  Compiler's Notes: The repealed section pertained to approval or denial by municipal finance commission or successor agency of borrowing and issuing of notes. ...
• Saving Clause; Pledging Allocated Revenues Prohibited - Mich. Comp. Laws Section 141.254
  Should any provision or section of this act be held to be invalid for any reason, such holding shall not be construed as affecting ...
• Funds For Public Improvements Or Buildings - Mich. Comp. Laws Section 141.261
  The legislative or governing body of any political subdivision is hereby authorized and empowered to create and establish a fund or funds for the ...
• Funds For Public Improvements Or Buildings; Transfer Or Encumbrance - Mich. Comp. Laws Section 141.262
  Notwithstanding the provisions of any law or the charter of any city or village, moneys accumulated in said fund shall not be transferred, encumbered ...
• Funds For Public Improvements Or Buildings; Allocation Of Miscellaneous Revenues; Sale Of Lands - Mich. Comp. Laws Section 141.263
  The legislative or governing body of any political subdivision may allocate to said fund miscellaneous revenues received and credited to the general fund, including ...
• Tax Limitation - Mich. Comp. Laws Section 141.264
  Nothing in this act shall be construed so as to authorize any city or village to exceed any tax limitation imposed by law or ...
• Additional Powers; Political Subdivision Construction - Mich. Comp. Laws Section 141.265
  This act shall be in addition to all powers heretofore granted to political subdivisions by state law, or by any charter thereof. The term ...
• Municipal Electric Plant; Purchase Of Equipment On Conditional Sales Contract, Validation; Negotiability Of Revenue Obligations - Mich. Comp. Laws Section 141.311
  In any case where the governing body of any city or village in the state of Michigan which owns and operates its electric plant ...
• Definitions - Mich. Comp. Laws Section 141.312
  As used in this act: (a) The terms "city" and "village" mean any city and any village in the state of Michigan existing or ...
• Definitions - Mich. Comp. Laws Section 141.321
  As used in this act: (a) "Park" means an area of land or water, or both, dedicated to 1 or more of the following ...
• Acquisition Or Improvement Of Parks; Financing; Establishment Of Special Assessment District; Petition; Acquisition By Condemnation Prohibited; Scope Of Powers - Mich. Comp. Laws Section 141.322
  (1) The county board of commissioners of a county may acquire or improve a park, defray all or part of the cost of the park ...
• Condemnation Prohibited - Mich. Comp. Laws Section 141.323
  A county, township, city, or village shall not acquire property for a park under this act by condemnation. Property shall instead be acquired from ...
• Additional Powers Not Limited - Mich. Comp. Laws Section 141.324
  The powers granted by this act are in addition to, and not a limitation on, those granted by law or charter. History: 1996, Act ...
• Transfer Of Unexpended Balances By Townships Or Municipalities To County - Mich. Comp. Laws Section 141.351
  The several townships, cities and incorporated villages of this state, by a majority vote of the electors thereof voting at any general or special ...
• Transfer Of Unexpended Balances; Submission To Electors; Conduct Of Election - Mich. Comp. Laws Section 141.352
  The question of transferring unexpended balances or portions thereof by any township, city or incorporated village to the county in which situated may be ...
• Definitions - Mich. Comp. Laws Section 141.371
  For the purpose of this act unless the context otherwise indicates: (a) "Local improvement" means any public improvement, the expense of which, in whole ...
• Local Improvement Revolving Fund; Establishment - Mich. Comp. Laws Section 141.372
  Any city or village may advance the cost either in whole or in part of any local improvement, and in order to provide working ...
• Sources Of Funds - Mich. Comp. Laws Section 141.373
  Any city or village may provide funds for the local improvement revolving fund by any or all of the following means: (a) The allocation ...
• Local Improvement Revolving Fund; Repayment Of Advances - Mich. Comp. Laws Section 141.374
  A local improvement revolving fund established pursuant to the provisions of this act shall be a separate depository account of the city or village. ...
• Authority Given By Act - Mich. Comp. Laws Section 141.375
  The authority hereby given shall be in addition to and not in derogation of any power existing in any city or village under any ...
• Issuance Of Bonds And Notes; Resolution; Purpose; Pledges; Use Of Proceeds; Debt Limitation; General Obligations - Mich. Comp. Laws Section 141.381
  Any county, city, township or village, by resolution adopted by a majority vote of the members elect of its legislative body may authorize the ...
• Form And Execution Of Bonds Or Notes; Principal And Interest; Maximum Due In One Year; Due Dates; Tax Exemptions - Mich. Comp. Laws Section 141.382
  The bonds or notes authorized to be issued under this act shall be issued in the name of the county, city, township, or village ...
• Bonds Or Notes Subject To SS 141.2101 To 141.2821 - Mich. Comp. Laws Section 141.383
  The bonds or notes shall be subject to the revised municipal finance act, 2001 PA 34, MCL 141.2101 to 141.2821. History: 1969, Act 121, ...
• Metropolitan District Bonds; Assumption By Cities; Refunding Bonds - Mich. Comp. Laws Section 141.401
  All bonds heretofore issued by metropolitan districts of the state of Michigan and heretofore assumed by cities in the state of Michigan are hereby ...
• Local Unit Of Government; Definition. - Mich. Comp. Laws Section 141.411
  As used in this act "local unit" means a county, township, city, village, authority or school district empowered by the constitution or by law ...
• Local Unit Of Government; Public Hearing On Proposed Budget; Notice - Mich. Comp. Laws Section 141.412
  A local unit shall hold a public hearing on its proposed budget. The local unit shall give notice of the hearing by publication in ...
• Local Unit Of Government; Final Adoption Of Budget; Hearing; Exception - Mich. Comp. Laws Section 141.413
  History: 1963, 2nd Ex. Sess., Act 43, Imd. Eff. Dec. 27, 1963 ;-- Am. 2006, Act 154, Eff. Mar. 30, 2007 ...
• Local Unit Of Government; Changes In Budget - Mich. Comp. Laws Section 141.414
  Changes made in its budget by the governing body of a local unit subsequent to such public hearing shall not affect the validity of ...
• Local Unit Of Government; Public Hearing On Budget, Charter, Statute - Mich. Comp. Laws Section 141.415
  Local units which provide for a public hearing before adoption of their budgets either in pursuance of charter provision or law shall hold a ...
• Uniform Charts Of Accounts For Local Units; Design; Conformity To Uniform Standards; Maintenance Of Local Unit Accounts; Publication Of Standard Operating Procedures And Forms; Assistance, Advice, Or Instruction; Inadequacy Of Local Unit; Report; Services Of Certified Public Accountant Or State Treasurer; Expenses; Payment; Contract; Monthly Billings - Mich. Comp. Laws Section 141.421
  (1) The state treasurer shall prescribe uniform charts of accounts for all local units of similar size, function, or service designed to fulfill the requirements ...
• Short Title - Mich. Comp. Laws Section 141.421a
  This act shall be known and may be cited as the "uniform budgeting and accounting act". History: Add. 1978, Act 621, Eff. Apr. 1, ...
• Meanings Of Words And Phrases - Mich. Comp. Laws Section 141.422
  For the purposes of this act, the words and phrases defined in sections 2a to 2d have the meanings ascribed to them in those ...
• Definitions; A, B - Mich. Comp. Laws Section 141.422a
  (1) "Administrative officer" means an individual employed or otherwise engaged by a local unit to supervise a budgetary center. (2) "Allotment" means a portion of ...
• Definitions; B To D - Mich. Comp. Laws Section 141.422b
  (1) "Budgetary center" means a general operating department of a local unit or any other department, institution, court, board, commission, agency, office, program, activity, or ...
• Definitions; E To G - Mich. Comp. Laws Section 141.422c
  (1) "Expenditure" means the cost of goods delivered or services rendered, whether paid or unpaid, including expenses, debt retirement not reported as a liability of ...
• Definitions; D To S - Mich. Comp. Laws Section 141.422d
  (1) "Depository library" means a depository library designated under section 10 of the library of Michigan act, 1982 PA 540, MCL 397.20. (2) "Legislative body" ...
• Publication; Hearings - Mich. Comp. Laws Section 141.423
  The state treasurer, before the adoption of a uniform chart of accounts, shall provide for advance publication and for hearings thereon with an advisory ...
• Annual Financial Report; Contents; Filing; Extension; Unauthorized Investments Prohibited; "Pension" Defined - Mich. Comp. Laws Section 141.424
  (1) The chief administrative officer of each local unit shall make an annual financial report (local unit fiscal report) which shall be uniform for all ...
• Failure Of Local Unit To Report Investments In Derivative Instruments Or Products - Mich. Comp. Laws Section 141.424a
  (1) If a local unit fails to report investments in derivative instruments or products as required by section 4, the state treasurer may determine that ...
• Schedule Of Derivative Instruments And Products; Filing Copies; Library Of Michigan And Depository Libraries As Depositories; Retention Of Annual Report By Local Unit - Mich. Comp. Laws Section 141.424b
  (1) The state treasurer shall promptly file with the library of Michigan copies of a schedule of derivative instruments and products described in section 4(2)(c) ...
• Local Units; Audits - Mich. Comp. Laws Section 141.425
  (1) A local unit having a population of less than 4,000 shall obtain an audit of its financial records, accounts, and procedures not less frequently ...
• Certified Public Accountants; Cost. - Mich. Comp. Laws Section 141.426
  Local units may retain certified public accountants to perform such audits. If any unit fails to provide for an audit, the state treasurer shall ...
• Minimum Auditing Procedures And Standards; Form For Report Of Auditing Procedures; Filing Audit Report And Report Of Auditing Procedures; Time For Filing; Extension - Mich. Comp. Laws Section 141.427
  (1) The state treasurer shall prescribe minimum auditing procedures and standards and these shall conform as nearly as practicable to generally accepted auditing standards established ...
• Contents Of Audit Report - Mich. Comp. Laws Section 141.428
  Every audit report shall do all of the following: (a) State that the audit has been conducted in accordance with generally accepted auditing standards ...
• Public Inspection Of Audit Reports. - Mich. Comp. Laws Section 141.429
  All audit reports submitted under this act shall be made available for public inspection. History: 1968, Act 2, Imd. Eff. Feb. 20, 1968 ...
• Orders And Subpoenas - Mich. Comp. Laws Section 141.430
  In connection with any audit and examination conducted under the provisions of this act, the state treasurer, or a deputy state treasurer, may issue ...
• Violations Of Act - Mich. Comp. Laws Section 141.431
  If any audit or investigation conducted under this act discloses statutory violations on the part of any officer, employee or board of any local ...
• Verification Of Transactions - Mich. Comp. Laws Section 141.432
  (1) For purposes of verifying any transactions disclosed by an audit or investigation, any person or firm authorized to conduct an audit under this act ...
• Scope Of Examiner's Authority; Production Of Records; Divulging Confidential Information - Mich. Comp. Laws Section 141.433
  (1) Notwithstanding the confidentiality provisions of any tax laws, any authorized employee of the state treasurer, certified public accountant or firm of certified public accountants ...
• Budget; Preparation, Presentation, And Control Of Expenditures; Information; Transmitting Recommended Budget To Legislative Body; Suggested General Appropriations Act; Consideration Of Recommended Budget; Furnishing Information To Legislative Body; Public Hearing - Mich. Comp. Laws Section 141.434
  (1) Unless otherwise provided by law, charter, resolution, or ordinance, the chief administrative officer shall have final responsibility for budget preparation, presentation of the budget ...
• Recommended Budget; Contents; Limitation On Total Estimated Expenditures - Mich. Comp. Laws Section 141.435
  (1) The recommended budget shall include at least the following: (a) Expenditure data for the most recently completed fiscal year and estimated expenditures for the ...
• General Appropriations Act; Requirements; Line Items Not Mandated; Taxation; Limitation On Estimated Total Expenditure - Mich. Comp. Laws Section 141.436
  (1) Unless another method for adopting a budget is provided by a charter provision in effect on April 1, 1980, the legislative body of each ...
• General Appropriations Act; Amendment; Reports; Recommendations - Mich. Comp. Laws Section 141.437
  (1) Except as otherwise provided in section 19, a deviation from the original general appropriations act shall not be made without amending the general appropriations ...
• Incurring Debts Or Obligations; Dividing Appropriations Into Allotments; Expenditures; Application Or Division Of Money; Restrictions On Delegation Of Duties - Mich. Comp. Laws Section 141.438
  (1) A member of the legislative body, chief administrative officer, administrative officer, or employee of the local unit shall not create a debt or incur ...
• Expenditure Of Funds; Transfers Within Appropriations - Mich. Comp. Laws Section 141.439
  (1) A member of the legislative body, the chief administrative officer, an administrative officer, or an employee of a local unit shall not authorize or ...
• Violation; Filing; Report; Review And Action By Attorney General; Civil Action For Recovery Of Funds And Public Property - Mich. Comp. Laws Section 141.440
  A violation of sections 17 to 19 by the chief administrative officer, an administrative officer, employee, or member of the legislative body of the ...
• Manuals, Forms, And Operating Procedures; Training And Educational Programs - Mich. Comp. Laws Section 141.440a
  (1) The department of treasury shall publish suggested manuals, forms, and operating procedures which may be used by local units in complying with this act. ...
• Definitions - Mich. Comp. Laws Section 141.441
  As used in this act: (a) "Fund" means a budget stabilization fund. (b) "Municipality" means a county, city, village, or township. History: 1978, Act ...
• Budget Stabilization Fund; Creation. - Mich. Comp. Laws Section 141.442
  The governing body of a municipality by an ordinance adopted by a 2/3 vote of the members elected and serving may create a budget ...
• Budget Stabilization Fund; Appropriation; Additional Taxes Prohibited; Limitation; Investments; Disposition Of Excess Money - Mich. Comp. Laws Section 141.443
  (1) Each fiscal year following the fiscal year in which a fund is created, the governing body of the municipality which created the fund may ...
• Budget Stabilization Fund; Purposes; Sufficiency Of Municipality's Revenue - Mich. Comp. Laws Section 141.444
  (1) Money in the budget stabilization fund may be appropriated by an ordinance or resolution adopted by a 2/3 vote of the members elected and ...
• Budget Stabilization Fund; Prohibitions. - Mich. Comp. Laws Section 141.445
  The money in the budget stabilization fund shall not be appropriated for the acquisition, construction, or alteration of a facility as part of a ...
• Fire Trucks, Fire Fighting Apparatus And Equipment; Purchase By Municipalities; Title Retaining Contract; Chattel Mortgage - Mich. Comp. Laws Section 141.451
  The legislative body of any county, city, village, township, or other local unit of government may purchase on executory title retaining contracts, or finance ...
• Short Title - Mich. Comp. Laws Section 141.471
  This act shall be known and may be cited as the "health and safety fund act". History: 1987, Act 264, Eff. Apr. 11, 1988 ...
• Definitions - Mich. Comp. Laws Section 141.472
  As used in this act: (a) "Distribution" means the amount of money a county receives under sections 4 and 5. (b) "Fund" means the ...
• Health And Safety Fund; Creation; Deposits - Mich. Comp. Laws Section 141.473
  (1) The health and safety fund is created in the state treasury. (2) The state treasurer shall credit the health and safety fund with deposits ...
• Distribution From Fund Generally. - Mich. Comp. Laws Section 141.474
  The department of management and budget upon authorization by the state treasurer shall cause to be distributed from the health and safety fund the ...
• Additional Distribution From Fund - Mich. Comp. Laws Section 141.475
  The state treasurer shall cause to be distributed from the health and safety fund the following amounts in the 1988-89 fiscal year and in ...
• Distribution Under SS 141.475(B)(Ii) And 141.475(C) - Mich. Comp. Laws Section 141.476
  A distribution to a county under section 5(b)(ii) and 5(c) shall be included for purposes of calculations required to be made by section 24e ...
• Withholding Or Assignment Of Distribution. - Mich. Comp. Laws Section 141.477
  The state treasurer may withhold from a county and a county may assign a distribution to offset what that county owes for outstanding obligations ...
• Appropriations - Mich. Comp. Laws Section 141.478
  (1) There is hereby appropriated from the health and safety fund an amount necessary to make the distributions under section 4. (2) Beginning in the ...
• Conditional Effective Date - Mich. Comp. Laws Section 141.479
  This act shall not take effect unless all of the following bills of the 84th Legislature are enacted into law: (a) Senate Bill No. ...
• City Income Tax Act; Short Title - Mich. Comp. Laws Section 141.501
  This act shall be known and may be cited as the "city income tax act". History: 1964, Act 284, Imd. Eff. June 12, 1964 ...
• Income Tax; Prohibited To Villages; Uniform City Income Tax Ordinance; Prior Ordinance - Mich. Comp. Laws Section 141.502
  No village shall impose and collect any excise tax levied on or measured by income after January 1, 1964. Except as otherwise provided in ...
• Imposition Of Excise Tax; Condition. - Mich. Comp. Laws Section 141.502a
  Beginning January 1, 1995, a city shall not impose an excise tax on income under this act unless at least 1 of the following ...
• Excise Tax On Income; Levy, Assessment, And Collection; Rates; Certification Of Conditions; Adoption, Rescission, Or Amendment Of Uniform City Income Tax Ordinance; Petitions For Referendum Election; Submitting Question To City Electors; Election Procedures; Effective Date Of Ordinance; Delay; Applicability; End Of Tax Year; Annualization Of Rates; Definitions - Mich. Comp. Laws Section 141.503
  (1) The governing body of a city, by a lawfully adopted ordinance that incorporates by reference the uniform city income tax ordinance set forth in ...
• Specific Rates To Be Levied By City; Establishment; Limitations; Increase In Tax Rate; Approval; Resolution; Financial Management Consultant; Duties; Monitoring And Reporting; Termination Of Consultant Services; Recommendations Of Local Emergency Financial Assistance Loan Board - Mich. Comp. Laws Section 141.503a
  (1) The specific rates to be levied by a city on corporations, resident individuals, and nonresident individuals shall be established within the applicable limitations allowed ...
• Amending Ordinance To Increase Tax; Duration Of Increase; Approval Of Amendment; Applicability Of Section - Mich. Comp. Laws Section 141.503b
  A city that levied the tax authorized by this act before the effective date of this section may amend the ordinance to increase the ...
• Amendment To City Income Tax Ordinance - Mich. Comp. Laws Section 141.503c
  A city that levied the tax authorized by this act before March 30, 1989 may amend the ordinance to increase the rate to an ...
• Violation Of SS 168.1 To 168.992 Applicable To Petitions; Penalties - Mich. Comp. Laws Section 141.503d
  A petition under section 3, including the circulation and signing of the petition, is subject to section 488 of the Michigan election law, 1954 ...
• Rules Governing Form And Manner Of Appeal From Final Determination; Time For Appeal; Hearing; Evidence; Notice Of Hearing; Order; Copy Of Order And Opinion - Mich. Comp. Laws Section 141.504
  The state commissioner of revenue shall promulgate uniform rules pursuant to Act No. 306 of the Public Acts of 1969, as amended, being sections ...
• Right Of Appeal From Decision Or Order; Establishment Of City Income Tax Trust Fund; Payment Of Recoveries As Result Of Appeal; Compliance With Final Order - Mich. Comp. Laws Section 141.505
  (1) A person liable for the tax imposed by the ordinance set forth in and adopted pursuant to this act, a city that imposes a ...
• Charge Or Collection Of City Income Tax By Department Of Treasury; Limitation - Mich. Comp. Laws Section 141.505d
  The department of treasury shall not charge to or collect from a taxpayer any amount not otherwise authorized by law in conjunction with the ...
• Uniform City Income Tax Ordinance; Application - Mich. Comp. Laws Section 141.506
  The uniform city income tax ordinance does not apply to a person or corporation as to whom or which it is beyond the power ...
• Uniform City Income Tax Ordinance; Form - Mich. Comp. Laws Section 141.507
  The uniform city income tax ordinance is as set forth in chapter 2. History: 1964, Act 284, Imd. Eff. June 12, 1964 ...
• Imposition Of City Income Tax Within Renaissance Zone; Amendment Of City Income Tax Ordinance - Mich. Comp. Laws Section 141.508
  If a city or any part of a city that imposes a city income tax pursuant to this act is within the boundaries of ...
• Administration, Enforcement, And Collection Of City Income Tax By Department Of Treasury; Agreement; Disposition Of Amounts Collected; Provisions - Mich. Comp. Laws Section 141.509
  (1) For the 1996 tax year and each year after 1996, a city that imposes a city income tax pursuant to this act may enter ...
• Uniform City Income Tax Ordinance; Short Title - Mich. Comp. Laws Section 141.601
  This ordinance shall be known and may be cited as the "uniform city income tax ordinance". History: 1964, Act 284, Imd. Eff. June 12, ...
• Uniform City Income Tax Ordinance; Rules Of Construction, Definitions - Mich. Comp. Laws Section 141.602
  For the purposes of this ordinance, the words, terms and phrases set forth in sections 3 to 9 and their derivations have the meaning ...
• Definitions; A To D - Mich. Comp. Laws Section 141.603
  (1) "Administrator" means the official designated by the city to administer this ordinance or the duly authorized agent or representative of that official but does ...
• Definitions; C - Mich. Comp. Laws Section 141.604
  (1) "City" means the city adopting the ordinance. (2) "Compensation" means salary, pay or emolument given as compensation or wages for work done or services ...
• Definitions; D - Mich. Comp. Laws Section 141.605
  "Doing business" means the conduct of any activity with the object of gain or benefit, except that it does not include: (a) The solicitation ...
• Definitions; E, F - Mich. Comp. Laws Section 141.606
  (1) "Employee" means a person from whom an employer is required to withhold for either federal income or federal social security taxes. (2) "Employer" means ...
• Definitions; F To N - Mich. Comp. Laws Section 141.607
  (1) "Fiscal year" means an accounting period of 12 months ending on any day other than December 31. Only fiscal years accepted by the internal ...
• Definitions; N To P - Mich. Comp. Laws Section 141.608
  (1) "Nonresident" means an individual domiciled outside the city. (2) "Person" means a natural person, partnership, fiduciary, association, corporation or other entity. When used in ...
• Definitions; R To T - Mich. Comp. Laws Section 141.609
  (1) "Resident" means an individual domiciled in the city. "Domicile" means a place where a person has his true, fixed and permanent home and principal ...
• Excise Tax On Incomes; Rates - Mich. Comp. Laws Section 141.611
  Subject to the exclusions, adjustments, exemptions, and deductions herein provided, an annual tax of 1% on corporations and resident individuals and of 1/2% on ...
• Ordinance, Resolution, Or Agreement To Dedicate And Transfer Funds; Purposes; Commencement; Amount; Definitions - Mich. Comp. Laws Section 141.611a
  (1) For the 1993 tax year and each tax year after 1993, a city that is a qualified local unit of government, as defined by ...
• City As Qualified Local Unit Of Government; Dedication And Transfer Of Funds; Purposes; Use Of Federal Data Facility Fund; Amount; Definitions. - Mich. Comp. Laws Section 141.611b
  (1) A city that is a qualified local unit of government, as defined by the federal data facility act, may adopt an ordinance or resolution, ...
• Excise Tax On Incomes; Application To Resident Individuals - Mich. Comp. Laws Section 141.612
  The tax shall apply on the following types of income of a resident individual to the same extent and on the same basis that ...
• Types Of Nonresident Income To Which Tax Applicable; Extent And Basis Of Tax - Mich. Comp. Laws Section 141.613
  The tax shall apply on the following types of income of a nonresident individual to the same extent and on the same basis that ...
• Excise Tax On Incomes; Taxable Net Profits Of A Corporation, Definition - Mich. Comp. Laws Section 141.614
  The tax shall apply on the taxable net profits of a corporation doing business in the city, being levied on such part of the ...
• Excise Tax On Incomes; Unincorporated Business, Profession; Sole Proprietorship, Partnership - Mich. Comp. Laws Section 141.615
  An unincorporated business, profession or other activity conducted by 1 or more persons subject to the tax as either a sole proprietorship or partnership ...
• Unincorporated Business, Profession, Or Activity; Return - Mich. Comp. Laws Section 141.616
  An unincorporated business, profession or other activity owned by 2 or more persons shall file an annual information return setting forth: (a) The entire ...
• Unincorporated Business, Profession, Or Activity; Election To Pay Tax - Mich. Comp. Laws Section 141.617
  At the election of an unincorporated business, profession or other activity, the entity, on behalf of the owners, may compute and pay the tax ...
• Partial Business Activity In City; Apportionment Of Net Profit - Mich. Comp. Laws Section 141.618
  When the entire net profit of a business subject to the tax is not derived from business activities exclusively within the city, the portion ...
• Partial Business Activity In City; Separate Accounting Method - Mich. Comp. Laws Section 141.619
  The taxpayer may petition for and the administrator may grant approval of, or the administrator may require, the separate accounting method. If such method ...
• Partial Business Activity In City; Business Allocation Percentage Method - Mich. Comp. Laws Section 141.620
  The business allocation percentage method shall be used if such taxpayer is not granted approval to use the separate accounting method of allocation. The ...
• Partial Business Activity In City; Percentage Of Average Net Book Value; Gross Rental Value Of Real Property - Mich. Comp. Laws Section 141.621
  First, the taxpayer shall ascertain the percentage which the average net book value, of the tangible personal property owned and the real property, including ...
• Partial Business Activity In City; Percentage Of Compensation Paid Employees - Mich. Comp. Laws Section 141.622
  Second, the taxpayer shall ascertain the percentage which the total compensation paid to employees for work done or for services performed within the city ...
• Partial Business Activity In City; Percentage Of Gross Revenue - Mich. Comp. Laws Section 141.623
  Third, the taxpayer shall ascertain the percentage which the gross revenue of the taxpayer derived from sales made and services rendered in the city ...
• Partial Business Activity In City; Business Allocation Percentage - Mich. Comp. Laws Section 141.624
  Fourth, the taxpayer shall add the percentages determined in accordance with sections 21, 22 and 23 and divide the total by 3 and the ...
• Partial Business Activity In City; Substitute Methods - Mich. Comp. Laws Section 141.625
  An alternative method of accounting shall be used if the taxpayer or the administrator demonstrates that the net profits of the taxpayer allocable to ...
• Capital Gains And Losses; Determination. - Mich. Comp. Laws Section 141.626
  (1) Capital gains and capital losses, other than gains and losses on securities issued by the government of the United States, shall be included in ...
• Estates Or Trusts, Deemed Nonresidents; Definitions - Mich. Comp. Laws Section 141.627
  An estate or trust is not subject to tax under this ordinance, except that it shall be treated as a nonresident individual for purposes ...
• Income From Estates And Trusts. - Mich. Comp. Laws Section 141.628
  (1) "Income from estates" means "income" as defined in section 643 (b) of the federal internal revenue code, properly paid, credited or distributed but not ...
• Exemptions - Mich. Comp. Laws Section 141.631
  (1) An individual taxpayer in computing his or her taxable income is allowed deductions for the full personal and dependency exemptions authorized by the federal ...
• Payments And Benefits Not Subject To Tax - Mich. Comp. Laws Section 141.632
  The following payments and benefits received by any person are not subject to the tax: (a) Gifts and bequests. (b) Proceeds of insurance, annuities, ...
• Deductible Expenses Generally - Mich. Comp. Laws Section 141.633
  Ordinary, necessary, reasonable and unreimbursed expenses paid or incurred by an individual in connection with the performance by him of services as an employee ...
• Deductible Expenses; Alimony, Separate Maintenance Payments And Principal Sums Payable In Installments, Moving Expenses, And Payments To Retirement Plan Or Account - Mich. Comp. Laws Section 141.634
  The following expenses paid or incurred by an individual may be deducted from gross income in determining income subject to tax to the extent ...
• Qualified Taxpayer Within Renaissance Zone; Determination Of Deductions Claimed - Mich. Comp. Laws Section 141.635
  (1) Notwithstanding any other provision of this ordinance and to the extent and for the duration provided in the Michigan renaissance zone act, Act ...
• Annual Return; Joint Return - Mich. Comp. Laws Section 141.641
  (1) Every corporation doing business in the city and every other person having income taxable under this ordinance in any year before the 1997 tax ...
• Returns; Contents - Mich. Comp. Laws Section 141.642
  The annual return shall set forth: (a) The number of exemptions, place of residence, place of employment and other pertinent information as shall reasonably ...
• Payment Of Tax; Refund; Interest; Allocation Of Payment; Notice; Nonobligated Spouse; Form; Filing; Release Of Liability; Definitions. - Mich. Comp. Laws Section 141.643
  (1) A balance of the tax that is due the city at the time of filing an annual return shall be paid with the return ...
• Federal Income Tax Return; Eliminations. - Mich. Comp. Laws Section 141.644
  Where total income, total deductions, net profits, or other figures are derived from the taxpayer's federal income tax return, any item of income not ...
• Net Profits; Consolidated Returns. - Mich. Comp. Laws Section 141.645
  For the purpose of determining net profit allocable to the city under this ordinance, a corporate taxpayer may elect to file a consolidated return ...
• Amended Return; Change Of Method Of Accounting - Mich. Comp. Laws Section 141.646
  An amended return shall be filed with the city or the department, on a form obtainable from the city or the department, if necessary ...
• Withholding Of Tax By Employer; Employer As Trustee; Failure Or Refusal To Deduct And Withhold Tax; Liability; Discharge - Mich. Comp. Laws Section 141.651
  (1) An employer doing business or maintaining an establishment within the city shall withhold from each payment to the employer's employees on and after the ...
• Tax Withheld; Payments Or Persons Excepted - Mich. Comp. Laws Section 141.652
  Employers shall not withhold any tax from the following payments or persons: (a) Compensation paid to domestic help. (b) Compensation paid to a person ...
• Tax Withheld; Payment By Employee Or Employer - Mich. Comp. Laws Section 141.653
  If the tax is not withheld, an employee is not excused from filing a return and paying the tax on his compensation. If the ...
• Tax Withheld; Exemptions Claimed; Percentage Of Work Done At Predominant Place Of Employment; Qualified Taxpayer Within Renaissance Zone - Mich. Comp. Laws Section 141.654
  An employee with compensation subject to tax shall file with his or her employer a form on which the employee states the number of ...
• Tax Withheld; Revised Form; Time For Filing; Qualified Taxpayer Within Renaissance Zone - Mich. Comp. Laws Section 141.655
  (1) Except as provided in subsection (2), an employee shall file with his or her employer a revised form within 10 days after the number ...
• Refusal By Employee To Furnish Withholding Certificate; Withholding By Employer; Report - Mich. Comp. Laws Section 141.656
  If an employee refuses to furnish a withholding certificate upon the request of his or her employer, the employer shall withhold a percentage of ...
• Tax Withheld; Withholding Tables; First Compensation Taxable - Mich. Comp. Laws Section 141.657
  (1) The city shall provide withholding tables establishing the amounts to be withheld for various tax rates, wage brackets, numbers of exemptions and pay periods. ...
• Tax Withheld; Overwithheld Tax, Refund - Mich. Comp. Laws Section 141.658
  If an employer withholds more than the apparent tax liability of an employee due to an increase in the number of exemptions claimed during ...
• Tax Withheld; Correction Of Error, Refund - Mich. Comp. Laws Section 141.659
  Correction of an over or an under-withholding as a result of an employer's error shall be made as follows: (a) If the error is ...
• Tax Withheld; Payment By Employer; Return; Electronic Funds Transfer - Mich. Comp. Laws Section 141.660
  (1) Except as provided in subsection (2), an employer shall file a return, furnished by or obtainable on request from the city, and pay to ...
• Tax Withheld; Employer's Reconciliation Of Quarterly Returns; Deficiency; Refund; Information Return; Cessation Of Business - Mich. Comp. Laws Section 141.661
  (1) An employer shall file with the city or the department a reconciliation of quarterly returns on or before the last day of February following ...
• Declaration Of Estimated Tax; Filing; Form; Time; Exceptions. - Mich. Comp. Laws Section 141.662
  (1) A person who anticipates taxable income from which the city income tax will not be withheld with the city or the department shall file ...
• Declaration Of Estimated Tax Not Withheld; Computation; Payment; Installments - Mich. Comp. Laws Section 141.663
  (1) A taxpayer's annual return for the preceding year may be used as the basis for computing a declaration of estimated tax for the current ...
• Annual Return; Filing; Extension Of Time; Failure To File; Penalty - Mich. Comp. Laws Section 141.664
  (1) The filing of a declaration of estimated tax does not excuse the taxpayer from filing an annual return even though there is no change ...
• Sale Of Business Or Stock Of Goods Or Quitting Business; Liability For Tax; Escrow By Purchaser; Release To Purchaser Of Known Tax Liability; Failure To Comply With Escrow Requirements; Liability Of Corporation Officers - Mich. Comp. Laws Section 141.664a
  (1) If a person liable for the tax imposed under this ordinance sells a business or the stock of goods of a business or quits ...
• Credit For City Income Tax Paid Another City - Mich. Comp. Laws Section 141.665
  An individual who is a resident of the city and received net profits from a business, profession or rental of real or tangible personal ...
• Fractional Part Of A Cent Or Dollar - Mich. Comp. Laws Section 141.666
  In withholding the tax due under this ordinance, a fractional part of a cent shall be disregarded unless it amounts to 1/2 cent or ...
• Rules And Regulations; Adoption; Enforcement; Forms; Collection Of Tax - Mich. Comp. Laws Section 141.671
  (1) The administrator may adopt, amend, and repeal rules and regulations relating to the administration and enforcement of this ordinance subject to the approval of ...
• Special Ruling; Appeal To Income Tax Board Of Review - Mich. Comp. Laws Section 141.672
  A taxpayer or employer desiring a special ruling on a matter pertaining to this ordinance or rules and regulations shall submit in writing to ...
• Examination Of Books And Records; Witnesses; Additional Provisions Relating To Dispute Resolution; Protest To Notice Of Intent To Assess Tax - Mich. Comp. Laws Section 141.673
  (1) If a taxpayer or employer fails or refuses to make a return or payment as required, in whole or in part, or if the ...
• Information Confidential; Divulgence, Penalty, Discharge From Employment - Mich. Comp. Laws Section 141.674
  (1) Information gained by the administrator, city treasurer or any other city official, agent or employee as a result of a return, investigation, hearing or ...
• Repealed. 1996, Act 478, Eff. Jan. 1, 1996 - Mich. Comp. Laws Section 141.681
  Compiler's Notes: The repealed section pertained to examination and investigation. ...
• Payment Of Tax; Interest; "Adjusted Prime Rate" Defined; Penalty For Delay; Waiver Of Penalty For Reasonable Cause - Mich. Comp. Laws Section 141.682
  (1) All taxes imposed in a taxable year before the 1992 taxable year on a taxpayer and money withheld by an employer under this ordinance ...
• Additional Tax Assessment; When Interest And Penalty Not Imposed - Mich. Comp. Laws Section 141.683
  (1) Interest or a penalty shall not be imposed on an additional tax assessment if, within 90 days from final determination of a federal tax ...
• Due And Unpaid Assessment; Determination; Procedure. - Mich. Comp. Laws Section 141.684
  (1) For tax years before the 1997 tax year and for tax years after the 1996 tax year and for which a city has not ...
• Final Assessment; Protest - Mich. Comp. Laws Section 141.685
  (1) After the hearing as provided in section 84, the administrator or the department shall issue a final assessment setting forth the total amount found ...
• Failure To Pay Tax; Demand; Recovery; Prosecution - Mich. Comp. Laws Section 141.686
  If an employer or taxpayer files a return showing the amount of tax or withholding due the city or the department, but fails to ...
• Jeopardy Assessment; Procedure - Mich. Comp. Laws Section 141.687
  (1) If the administrator or the department believes that collection of the tax withheld from an employee's compensation as imposed under this ordinance will be ...
• Statute Of Limitations; Waiver; Payment Of Tax - Mich. Comp. Laws Section 141.688
  (1) Except in case of fraud, failure to file a return, failure to comply with the withholding provisions of this ordinance, or omission of substantial ...
• Statute Of Limitations; Refund - Mich. Comp. Laws Section 141.689
  (1) Except as otherwise provided in this ordinance, a tax erroneously paid shall not be refunded unless a claim for refund is made within 4 ...
• Income Tax Board Of Review; Appointment Of City Residents; Selection Of Officers; Adoption, Filing, Inspection, And Copies Of Rules Of Procedure; Quorum; Conflict Of Interests; Record Of Transactions And Proceedings; Availability Of Record And Other Writings To Public; Conducting Business At Public Hearing; Notice Of Hearing - Mich. Comp. Laws Section 141.691
  (1) The governing body of the city shall appoint an income tax board of review consisting of 3 residents of the city who are not ...
• Income Tax Board Of Review; Notice Of Appeal; Transcript; Hearing; Confidential Tax Data; Payment Of Deficiency Or Refund - Mich. Comp. Laws Section 141.692
  (1) A taxpayer or employer may file a written notice of appeal with the secretary of the income tax board of review not more than ...
• Appeal To State Tax Commissioner Or Tax Tribunal; Procedure - Mich. Comp. Laws Section 141.693
  (1) A taxpayer, employer, or other person aggrieved by a rule adopted by the administrator may file a timely appeal to the state commissioner of ...
• Appeal To Court Of Appeals Or Supreme Court; Procedure. - Mich. Comp. Laws Section 141.694
  (1) If a taxpayer, employer, other person, or the city or the department is aggrieved by a decision of the tax tribunal, the aggrieved party ...
• Payment To Taxpayer From City General Fund Or City Income Tax Trust Fund - Mich. Comp. Laws Section 141.695
  For tax years before the 1997 tax year and for tax years after the 1996 tax year and for which a city has not ...
• Violations; Misdemeanor; Penalties. - Mich. Comp. Laws Section 141.699
  Each of the following violations of this ordinance is a misdemeanor and is punishable, in addition to the interest and penalties provided under the ...
• Alternative Provisions; Adoption. - Mich. Comp. Laws Section 141.701
  The governing body of a city may adopt sections 60, 61 and 87 of this chapter in lieu of sections 60, 61 and 87 ...
• Tax Withheld; Return; Payment; Electronic Funds Transfer. - Mich. Comp. Laws Section 141.760
  (1) Except as provided in subsection (2), an employer shall file a return, furnished by or obtainable on request from the city, and pay to ...
• Tax Withheld; Reconciliation Of Quarterly Returns; Deficiencies; Refunds; Information Returns; Cessation Of Business - Mich. Comp. Laws Section 141.761
  (1) An employer shall file with the city or the department a reconciliation of quarterly returns on or before the last day of February following ...
• Jeopardy Assessment; Procedure - Mich. Comp. Laws Section 141.787
  (1) If the administrator or the department believes that collection of the tax withheld from an employee's compensation as imposed under this ordinance will be ...
• Definitions - Mich. Comp. Laws Section 141.861
  As used in this act: (a) "Accommodations" means the room or other space provided for sleeping, including furnishings and other accessories therein. Accommodations do ...
• Excise Tax On Persons Engaged In Business Of Providing Rooms For Dwelling, Lodging, Or Sleeping Purposes To Transient Guests; Exempt Accommodations; Amendment Or Repeal Of Ordinance; Tax Rate; Compliance With Subsection (1) - Mich. Comp. Laws Section 141.862
  (1) The county board of commissioners of a county having a population of less than 600,000 persons, and having a city of at least 40,000 ...
• Mandatory Provisions Of Ordinance. - Mich. Comp. Laws Section 141.863
  A county levying a tax pursuant to an ordinance adopted under this act shall provide in the ordinance for: (a) The effective date of ...
• Discretionary Provisions Of Ordinance. - Mich. Comp. Laws Section 141.864
  A county levying a tax under this act may provide in the ordinance for: (a) The adoption and enforcement of rules to apply, interpret, ...
• Effective Date Of Ordinance - Mich. Comp. Laws Section 141.865
  An ordinance adopted pursuant to this act shall not become effective before the first day of the month following the expiration of 60 days ...
• Taxes Cumulative - Mich. Comp. Laws Section 141.866
  The taxes levied under this act shall be in addition to any other taxes, charges, or fees. History: 1974, Act 263, Imd. Eff. Aug. ...
• Deposit And Use Of Revenues - Mich. Comp. Laws Section 141.867
  The revenues derived from the taxes imposed pursuant to this act shall be deposited in a special fund to be used by the county ...
• Short Title - Mich. Comp. Laws Section 141.871
  This act shall be known and may be cited as the "community convention or tourism marketing act". History: 1980, Act 395, Imd. Eff. Jan. ...
• Definitions - Mich. Comp. Laws Section 141.872
  As used in this act: (a) "Assessment" means the amount levied against an owner of a transient facility within an assessment district, computed by ...
• Marketing Program And Assessment District; Establishment; Filing Marketing Program Notice; Contents Of Notice; Assessment; Exclusion; Excise Or Other Tax; Copies Of Notice; List Of Owners; Transient Facilities; Imposition Of Assessment; Conditions - Mich. Comp. Laws Section 141.873
  (1) A bureau that intends to establish a marketing program and assessment district shall file a marketing program notice with the director. The marketing program ...
• Marketing Program; Approval Or Disapproval; Referendum; Effective Date Of Marketing Program And Assessment; Filing And Serving Another Marketing Program Notice - Mich. Comp. Laws Section 141.873a
  (1) Within 30 days after a marketing program notice is filed, the director shall approve or disapprove the marketing program. The director shall not disapprove ...
• Marketing Program; Contents - Mich. Comp. Laws Section 141.874
  A marketing program may include all or any of the following: (a) Provisions for establishing and paying the costs of advertising, marketing, and promotional ...
• Assessment; Computation; Payment; Reimbursement; Agreement To Accept Payment Of Assessments; Forwarding Money; Withholding Portion Of Assessment For Administrative Costs; Verification And Audit Of Owner's Assessment Payments; State Use Tax Returns; Unpaid Assessments; Interest And Delinquency Charges; Suit To Collect; Notice - Mich. Comp. Laws Section 141.875
  (1) Upon the effective date of an assessment under section 3a, each owner of a transient facility in the assessment district shall be liable for ...
• Assessment Revenues Not State Funds; Deposit And Disbursement; Financial Statements; Audit; Report; Copies - Mich. Comp. Laws Section 141.876
  (1) The assessment revenues collected pursuant to this act shall not be state funds. The money shall be deposited in a bank or other depository ...
• Repealed. 1984, Act 59, Imd. Eff. Apr. 12, 1984 - Mich. Comp. Laws Section 141.877
  Compiler's Notes: The repealed section pertained to an advisory committee. ...
• Discontinuance Of Assessment; Referendum; Proposing New Marketing Program Notice; Failure To Adopt Resolution Discontinuing Assessment; Further Referendum - Mich. Comp. Laws Section 141.878
  (1) At any time 2 years or more after the effective date of an assessment, and upon the written request of owners of transient facilities ...
• Building Or Combination Of Buildings With Less Than 10 Rooms; Agreement To Be Subject To Assessment; Participation In Marketing Program; Duration Of Assessment - Mich. Comp. Laws Section 141.879
  (1) The owner of a building or combination of buildings, which is within an assessment district, has less than 10 rooms, and otherwise meets the ...
• Existing Assessment District And Marketing Program - Mich. Comp. Laws Section 141.880
  An assessment district and marketing program under this act which is in effect before the effective date of this section shall remain in effect ...
• Short Title - Mich. Comp. Laws Section 141.881
  This act shall be known and may be cited as the "convention and tourism marketing act". History: 1980, Act 383, Imd. Eff. Jan. 2, ...
• Definitions - Mich. Comp. Laws Section 141.882
  As used in this act: (a) "Assessment district" means a county having a population of more than 1,500,000 and, if so designated by the ...
• Marketing Program Notice; Contents; Assessment; Mailing Copy Of Notice To Owner Of Transient Facility; Referendum - Mich. Comp. Laws Section 141.883
  (1) A bureau which has its principal place of business in a county having a population of more than 1,500,000 may file a marketing program ...
• Marketing Program; Contents - Mich. Comp. Laws Section 141.884
  A marketing program may include all or any of the following: (a) Provisions for establishing and paying the costs of advertising, marketing, and promotional ...
• Assessment; Payment; Statement Of Room Charges; Reimbursement From Room Charges; Verification And Audit Of Owner's Assessment Payments; State Use Tax Returns; Unpaid Assessments; Interest And Delinquency Charges; Suit To Collect; Notice - Mich. Comp. Laws Section 141.885
  (1) Upon the effective date of an assessment, each owner of a transient facility in the assessment district shall be liable for payment of the ...
• Assessment Revenues Not State Funds; Deposit And Disbursement; Financial Statements; Audit; Report; Copies - Mich. Comp. Laws Section 141.886
  (1) The assessment revenues collected pursuant to this act shall not be state funds. The money shall be deposited in a bank or other depository ...
• Advisory Committee; Election And Terms Of Members; Formal Meetings; Review Of Proposed Marketing Program; Approval Or Rejection; Recommendations; Board Of Directors - Mich. Comp. Laws Section 141.887
  (1) Upon the effective date of the establishment of an assessment under this act, the bureau shall cause an advisory committee to be elected consisting ...
• Discontinuance Of Assessment; Referendum; Proposing New Marketing Program Notice; Failure To Adopt Resolution Discontinuing Assessment; Further Referendum - Mich. Comp. Laws Section 141.888
  (1) At any time 2 years or more after the effective date of an assessment, and upon the written request of owners of transient facilities ...
• Effective Date - Mich. Comp. Laws Section 141.889
  This act shall take effect January 1, 1981. History: 1980, Act 383, Imd. Eff. Jan. 2, 1981 ...
• Short Title - Mich. Comp. Laws Section 141.891
  This act shall be known and may be cited as the "regional tourism marketing act". History: 1989, Act 244, Imd. Eff. Dec. 21, 1989 ...
• Definitions - Mich. Comp. Laws Section 141.892
  As used in this act: (a) "Assessment" means the amount levied against an owner under this act. (b) "Assessment revenues" means the money collected ...
• Tourism Marketing Program Notice; Filing; Contents; Copies; List Of Transient Facilities - Mich. Comp. Laws Section 141.893
  (1) In order to establish a tourism marketing program within a regional assessment district, a regional marketing organization shall file a tourism marketing program notice ...
• Tourism Marketing Program; Approval Or Disapproval; Written Referendum; Effective Date; Failure Of Referendum - Mich. Comp. Laws Section 141.894
  (1) The director shall approve or disapprove a tourism marketing program within 30 days after a tourism marketing program notice is filed. The director shall ...
• Tourism Marketing Program; Scope. - Mich. Comp. Laws Section 141.895
  A tourism marketing program may include 1 or more of the following: (a) A provision for establishing and paying the costs of advertising, marketing, ...
• Assessments Generally - Mich. Comp. Laws Section 141.896
  (1) Upon the effective date of an assessment under section 4, each owner is liable for payment of the assessment computed by multiplying the percentage ...
• Disposition Of Assessment Revenues; Financial Statements; Certified Report; Copies - Mich. Comp. Laws Section 141.897
  (1) The assessment revenues collected under this act are not state funds. The regional marketing organization shall deposit assessment revenues collected under this act in ...
• Discontinuance Of Assessment; Referendum. - Mich. Comp. Laws Section 141.898
  (1) A regional marketing organization shall conduct a referendum on whether an assessment levied under a tourism marketing program shall be discontinued if both of ...
• Building Or Combination Of Buildings; Agreement To Be Subject To Tourism Marketing Program; Assessment - Mich. Comp. Laws Section 141.899
  (1) An owner of a building or combination of buildings that is within a regional assessment district, that has less than 10 rooms or is ...
• Effect Of Assessment Or Tax Based On Room Charge - Mich. Comp. Laws Section 141.900
  A regional marketing organization is not prohibited from levying an assessment under this act because an assessment or tax based on a room charge ...
• Short Title - Mich. Comp. Laws Section 141.901
  This act shall be known and may be cited as the "Glenn Steil state revenue sharing act of 1971". History: 1971, Act 140, Imd. ...
• "Intangibles Tax,""Sales Tax," And "State Income Tax" Defined - Mich. Comp. Laws Section 141.902
  (1) "Intangibles tax" means the intangibles tax imposed by Act No. 301 of the Public Acts of 1939, as amended, being sections 205.131 to 205.147 ...
• "Population" And "Rate" Defined - Mich. Comp. Laws Section 141.903
  (1) "Population" for the purpose of distributing revenues among cities, villages, townships, and counties means population according to the last and each succeeding statewide federal ...
• "Local Property Taxes,""Local Income And Excise Taxes,""Local Taxes,""Overlapping Taxes," And "Special Assessments" Defined - Mich. Comp. Laws Section 141.904
  (1) "Local property taxes" means ad valorem property taxes levied by a city, village, or township. (2) "Local income and excise taxes" means collections of ...
• Definitions - Mich. Comp. Laws Section 141.905
  (1) "Local tax effort rate" for a city, village, or township means its local taxes divided by its taxable value. (2) "Statewide tax effort rate" ...
• Additional Definitions - Mich. Comp. Laws Section 141.906
  (1) "Local tax burden rate" for a city, village, or township means local taxes of the city, village, or township plus special assessments plus 25% ...
• Special Census Of Population; Cost; Provisions; Certification And Utilization Of Results; Enumeration Date; Share Of Revenues Based On Increased Population - Mich. Comp. Laws Section 141.907
  (1) A city, village, or township may contract with the secretary of state or the United States bureau of the census to have conducted a ...
• Payments To Counties From State Income Tax Collections; Time And Basis; Payments To Counties Based On Sales Tax Collections - Mich. Comp. Laws Section 141.911
  (2) For state fiscal years beginning after September 30, 1992 and ending before October 1, 1996, the collections from the state income tax otherwise available ...
• Repealed. 1998, Act 532, Imd. Eff. Jan. 12, 1999 - Mich. Comp. Laws Section 141.911a
  Compiler's Notes: The repealed section pertained to bipartisan revenue sharing task force. ...
• Payments To Cities, Villages, And Townships From Sales Tax Collections; Time And Basis - Mich. Comp. Laws Section 141.912
  (1) For state fiscal years before the 1996-1997 state fiscal year, the department of treasury shall cause to be paid to each city, village, and ...
• Payments To Cities, Villages, Townships, And Counties; Calculations; Interest; Payment Of Proportionate Share Of Reimbursements To Eligible Authorities; Disbursement Dates - Mich. Comp. Laws Section 141.912a
  (2) For state fiscal years before the 1998-1999 state fiscal year, the department of treasury shall pay to each county each year, following the year ...
• Payments To Cities, Villages, And Townships From State Income Tax And Single Business Tax; Payments Based On Sales Tax Collections; Population More Than Or Less Than 750,000; Limitations; Distributions; Payment Dates; Annual Appropriation By Legislature; Withholding Payments - Mich. Comp. Laws Section 141.913
  (a) During each August, November, February, and May, the collections from the state income tax for the quarter periods ending the prior June 30, September ...
• Census Delay Adjustment Payments; Eligibility Of City, Village, Or Township; Calculation; Reservation Of Additional Sum; Appropriation; Reduction Of Amounts Reserved - Mich. Comp. Laws Section 141.913a
  (1) Following the official certification and publication of the 1980 federal decennial census, the department of management and budget shall calculate for each city, village, ...
• Payments To Include Interest; Delay In Payments; Gubernatorial Directive; Unavoidable Delay Or Set Off; Disbursement By State Treasurer. - Mich. Comp. Laws Section 141.913b
  (1) In addition to the amounts required to be paid pursuant to sections 11, 12, and 13, these payments and the respective appropriations from the ...
• Reduced Rate Or Collections From Local Governmental Unit's Property, Income, Or Utility Tax; Use Of Reduction As Basis - Mich. Comp. Laws Section 141.913c
  For state fiscal years after the 1998-1999 state fiscal year, a reduction in the rate of or collections from a local unit of government's ...
• Distribution Periods Less Than 12 Months; Annualization Of Amount - Mich. Comp. Laws Section 141.913d
  The department shall annualize the amount of distributions under sections 11, 12a, and 13 as necessary to reflect distributions for periods of less than ...
• Repealed. 1998, Act 532, Imd. Eff. Jan. 12, 1999 - Mich. Comp. Laws Section 141.914
  Compiler's Notes: The repealed section pertained to additional sums for cities, villages, or townships. ...
• Supplemental Payments To Cities, Villages, Or Townships; Computation; Appropriation - Mich. Comp. Laws Section 141.914a
  If a special census of a city, village or township that levied at least 1 mill local property tax in the preceding calendar year ...
• Repealed. 1998, Act 532, Imd. Eff. Jan. 12, 1999 - Mich. Comp. Laws Section 141.915
  Compiler's Notes: The repealed section pertained to additional sums for cities, villages, or townships. ...
• Repealed. 1975, Act 245, Eff. Dec. 1, 1975 - Mich. Comp. Laws Section 141.916
  Compiler's Notes: The repealed section pertained to an appropriation. ...
• Disposition Of Payments Made To Cities, Villages, Townships, And Counties - Mich. Comp. Laws Section 141.917
  Unless otherwise assigned, pledged, or required to be withheld, the payments made under this act to a city, village, township, or county shall be ...
• Withholding Amount Equivalent To Delinquent Payments Due On Emergency Municipal Loan; Withholding Payment Under Act; Extent; Plan For Financing Outstanding Obligations Upon Which Municipality Defaulted; Use Of Amounts Withheld; Payment Of Debt Service On Bonds Or Notes; Agreement Assigning Or Pledging Payment; Statement; Withholding Payment To Satisfy Payment Due And Owing To State - Mich. Comp. Laws Section 141.917a
  (1) To the extent required by the emergency municipal loan act, 1980 PA 243, MCL 141.931 to 141.942, a municipality granted a loan pursuant to ...
• Report On Local Taxes, Special Assessments, Overlapping Taxes, And Taxable Value; Report On Levied Millage Rate; Effect Of Failure To Report; Prorating And Allocating Overlapping Taxes; Report On Local Revenues; Summary And Analysis Of Reports; Recommendations; Report On Tax Collections Available For Distribution; Distribution In Single Warrant; Reduced Millage Rate Considered To Be 1 Mill - Mich. Comp. Laws Section 141.918
  (1) Each city, village, or township shall report its local taxes and special assessments and cities and townships shall report their overlapping taxes to the ...
• Effective Date - Mich. Comp. Laws Section 141.919
  This act takes effect August 1, 1971. The distributions of the income tax which were paid in August 1971 which did not conform to ...
• Receipts Of Cities, Villages, Or Townships Maintaining Local Tax Efforts - Mich. Comp. Laws Section 141.920
  A city, village, or township which maintains its local tax effort rate shall not receive less in the fiscal year ending June 30, 1976, ...
• Withholding Payments Until Submission Of Financial Report Or Audit; Filing, Evaluation, Certification, And Institution Of Financial Plan To Correct Deficit Condition; Noncompliance; Notification Of Legislature; "Deficit Condition" Defined - Mich. Comp. Laws Section 141.921
  (1) If a city, village, township or county fails to provide an annual financial report or audit which conforms with the minimum procedures and standards ...
• Definitions - Mich. Comp. Laws Section 141.931
  As used in this act: (a) "Board" means the local emergency financial assistance loan board created pursuant to this act. (b) "Fiscal year" means, ...
• Local Emergency Financial Assistance Loan Board; Creation; Membership; Powers And Duties; Approval Of Actions; Conducting Business At Public Meeting; Staff Services - Mich. Comp. Laws Section 141.932
  (1) There is created a local emergency financial assistance loan board within the department of treasury. This board shall consist of the state treasurer, the ...
• Maximum Amount Of Loans In Fiscal Year; Limitations; Conditions; Revenue For Loans; "County Juvenile Agency" Defined - Mich. Comp. Laws Section 141.933
  (1) Except as provided in subsection (2), the board shall not authorize loans under this act to municipalities that total an amount greater than $5,000,000.00 ...
• Application For Loan; Resolution; Certification Of Information And Conditions; Inspection, Copying, Or Auditing Of Books And Records; Applicability Of Subsection (1) - Mich. Comp. Laws Section 141.934
  (1) If the governing body of a municipality desires to request a loan, it shall provide by resolution for the submission of an application to ...
• Maximum Amount Of Loans; Eligibility. - Mich. Comp. Laws Section 141.935
  Except for a county subject to section 3(2), the board may authorize loans to any 1 municipality in an amount not to exceed $1,000,000.00 ...
• Annual Rate Or Rates Of Interest; Fixed Rate; Rate Calculated Upon Formula; Limitation; Payment Of Interest And Principal; Delinquency; Repayment At Earlier Date Or In Fewer Installments; Prohibited Conditions; Effect Of Failure To Make Repayments; Loan As General Obligation Of Municipality; Exception - Mich. Comp. Laws Section 141.936
  (1) A loan made under this act shall bear an annual rate or rates of interest, if any, as established by the board under section ...
• Duties Of Municipality Receiving Loan; Definitions; Exception - Mich. Comp. Laws Section 141.937
  (1) A municipality that receives a loan under this act shall perform all of the following: (a) Employ a full-time professional administrator to direct or ...
• Additional Eligibility Requirements; Exception - Mich. Comp. Laws Section 141.938
  (1) In addition to the requirements of section 4, to be eligible for consideration for a fiscal year loan under this act after having qualified ...
• Annual Report; Evaluation Of Loan Program; Recommendations - Mich. Comp. Laws Section 141.939
  The board shall report annually to the governor and the legislature on which municipalities have applied for loans under the program, which municipalities have ...
• Repealed. 1980, Act 324, Imd. Eff. Dec. 15, 1980 - Mich. Comp. Laws Section 141.940
  Compiler's Notes: The repealed section pertained to local emergency financial assistance loan fund. ...
• Short Title - Mich. Comp. Laws Section 141.941
  This act may be known and may be cited as the "emergency municipal loan act". History: 1980, Act 243, Imd. Eff. July 24, 1980 ...
• Conditional Effective Date - Mich. Comp. Laws Section 141.942
  This act shall not take effect unless the following Senate Bills of the 1980 regular session of the legislature are enacted into law: (a) ...
• Definitions - Mich. Comp. Laws Section 141.951
  As used in this act: (a) "Director" means the director of the department of management and budget. (b) "Estimated equalized value" means 50% of ...
• Payments To Municipalities With State-Owned Facilities; Plan; Report; Date Of Valuation; Consultations; Furnishing Local Assessor And State Tax Commission With Copies Of Director's Report; Recommendations For Adjustments To Proposed Valuations; Date Of Final Determination; Notice Of Final Estimated Value And Final Estimated Equalized Value - Mich. Comp. Laws Section 141.952
  (1) For the fiscal year beginning October 1, 1977, the director shall present to the house and senate appropriations committees a plan for the distribution ...
• Submission Of Data By Municipality; Form; Review Of Data; Certification Of Amount; Warrant - Mich. Comp. Laws Section 141.953
  (1) By September 1 of each year, a municipality in which a state facility is located shall submit to the director the following: (a) The ...
• Determination Of Amount Due Municipality; Conditions Precluding Payment - Mich. Comp. Laws Section 141.954
  (1) The amount due the municipality shall be determined by dividing the estimated equalized value of the state facilities located in the municipality by the ...
• State Facility Not Prohibited From Entering Contract Pursuant To S 17.71 Et Seq - Mich. Comp. Laws Section 141.955
  This act shall not prohibit a state facility from entering into a contract pursuant to Act No. 98 of the Public Acts of 1929, ...
• Prorating Amount Appropriated To Each Municipality - Mich. Comp. Laws Section 141.956
  If the amount appropriated in a fiscal year is not sufficient to make the payments required by this act, the director shall prorate the ...
• Transfer Of Powers And Duties Of The State Budget Director Under The State Revenue Sharing Act And The Health And Safety Fund Act From The Department Of Management And Budget To The Department Of Treasury By A Type Iii Transfer. - Mich. Comp. Laws Section 141.991
  WHEREAS, Article V, Section 2, of the Constitution of the State of Michigan of 1963 empowers the Governor to make changes in the organization ...
• Short Title - Mich. Comp. Laws Section 141.1001
  This act shall be known and may be cited as the "fiscal stabilization act". History: 1981, Act 80, Eff. July 15, 1981 ...
• State Administrative Board; Powers And Duties; Actions Of Board - Mich. Comp. Laws Section 141.1002
  (1) The state administrative board, referred to in this act as the board, is vested with the following powers and duties relative to this act: ...
• Cities Or Counties Authorized To Borrow Money And Issue General Obligation Bonds Or Obligations To Fund Operating Deficit - Mich. Comp. Laws Section 141.1003
  A city or county that meets the applicable conditions described in section 4 may borrow money and issue its general obligation bonds or obligations ...
• Application For Order Approving Bonds Or Obligations; Resolution; Determination Of Accumulated Operating Deficit; Conditions And Determinations; Statement; Issuance Of Order; Determinations And Findings Conclusive; Maximum Amount Of Bonds Or Obligations; Exceptions; Bonds Or Obligations Not Subject To Revised Municipal Finance Act; Agency Financing Reporting Act Applicable - Mich. Comp. Laws Section 141.1004
  (1) Before a city may make application to the board for approval to issue bonds or obligations under this act, the legislative body of the ...
• Bonds Or Obligations; Amounts Included - Mich. Comp. Laws Section 141.1005
  Subject to the limitation of section 4(8), the amount of bonds or obligations issued pursuant to this act may include the amount necessary to ...
• Bonds Or Obligations; Terms And Conditions - Mich. Comp. Laws Section 141.1006
  The bonds or obligations may be serial bonds or term bonds or a combination of serial and term bonds, shall mature in not more ...
• Levy Of Property Taxes For Payment Of Principal And Interest On Bonds Or Obligations - Mich. Comp. Laws Section 141.1007
  A city or county that issues bonds or obligations that are unlimited or limited tax bonds or obligations under this act shall annually levy ...
• Issuing Bonds Or Obligations By Resolution Without Vote Of Electors And Publication Of Notice; Submitting Question To Electors; Approval Or Disapproval; Actions Taken Prior To Effective Date Of Act - Mich. Comp. Laws Section 141.1008
  The bonds or obligations may be issued by resolution of the legislative body of the city or county without vote of the electors and ...
• Bonds Or Obligations Subject To Michigan Municipal Distributable Aid Bond Act; Powers Of Legislative Body; Pledge; Covenants And Promises; Special Fund; Use Of Taxes; Definition - Mich. Comp. Laws Section 141.1009
  (1) All bonds or obligations issued pursuant to this act before the effective date of the amendatory act that added subsection (2) are subject to ...
• Action To Enforce Compliance With Act - Mich. Comp. Laws Section 141.1010
  An action brought by the board, a city, or a county to enforce compliance with this act shall be brought in the circuit court ...
• Conditional Effective Date - Mich. Comp. Laws Section 141.1011
  This act shall not take effect unless House Bill No. 4563 of the 81st Legislature is enacted into law. History: 1981, Act 80, Eff. ...
• Short Title - Mich. Comp. Laws Section 141.1021
  Sec. 1. This act shall be known and may be cited as the "Michigan municipal distributable aid bond act". History: 1981, Act 97, Imd. Eff. ...
• Definitions - Mich. Comp. Laws Section 141.1022
  Sec. 2. As used in this act: (a) "Commission" means the municipal finance commission created under the municipal finance act, Act No. 202 of the ...
• Application By Governing Body To Make Obligations Eligible To Participate Under Act; Resolution; Investigation; Annual Audit; Independent Auditor; Filing Copies With State Treasurer; Failure To File Report Or Appoint Independent Auditor - Mich. Comp. Laws Section 141.1023
  Sec. 3. (1) Whenever the governing body determines, in accordance with law, to incur or issue obligations, or determines that it is required by law ...
• Distributable Aid Obligations; Recital Of Eligibility; Contents; Qualification Of Obligations - Mich. Comp. Laws Section 141.1024
  Sec. 4. Distributable aid obligations shall, when issued, contain a recital that they are eligible to participate under this act and that the holder of ...
• Eligibility For Participation; Requirements; Use Of Proceeds - Mich. Comp. Laws Section 141.1025
  Sec. 5. To be eligible to participate under this act: (a) The maximum debt service on the obligations for which eligibility is sought, together with ...
• Notice To State Treasurer By Finance Officer Of Municipality; Contents; Attachment; Supplemental Notice; Retention Of Distributable Aid By State Treasurer; Investment Income; Funds Kept With Trustee; Payment To Trustee; Payment To Municipality; Change Of Trustee; Taxes; Principal And Interest; Installment; Payment To Paying Agent; Reserve; Money In Trust; Pooling And Investment Of Money; Lien; Exemption; Nonpayment By Municipality; Reduction Of Payment. - Mich. Comp. Laws Section 141.1026
  Sec. 6. (1) The finance officer of a municipality issuing distributable aid obligations shall notify in writing the state treasurer of the date, original principal ...
• Covenants By State; Construction Of Act - Mich. Comp. Laws Section 141.1027
  Sec. 7. The state of Michigan covenants with the purchasers, holders, owners, and their assigns, beneficiaries, executors, and administrators, of distributable aid obligations that it ...
• Certifying Average Annual Amount Of Distributable Aid Paid To Municipality; Changes To Distribution Formula Or In Components Of Distributable Aid; Order By Commission And Certification As Conclusive Of Distributable Aid Obligation. - Mich. Comp. Laws Section 141.1028
  Sec. 8. (1) The state treasurer shall certify the average annual amount of distributable aid paid to a municipality for the 36 months preceding the ...
• Construction Of Act - Mich. Comp. Laws Section 141.1029
  Sec. 9. This act shall not be construed to relieve a municipality of the duties imposed on it by law to appropriate and to include ...
• Pledge And Lien On Distributable Aid - Mich. Comp. Laws Sect