Michigan Compiled Laws
Act 86 of 2014 - Local Community Stabilization Authority Act (123.1341 - 123.1362)
Section 123.1343 - Legislative Findings; Declarations; Purpose of Act.

Sec. 3.
(1) The legislature finds and declares all of the following:
(a) That there exists in this state a continuing need to strengthen and revitalize the economy of this state and to organize the activities of local government in metropolitan areas in a manner that reduces governmental barriers to economic growth, facilitates economic development, helps small businesses grow, preserves communities and strengthens neighborhoods, prevents or reduces unemployment, and creates jobs.
(b) That under section 27 of article VII of the state constitution of 1963, the legislature may establish in metropolitan areas additional forms of government or authorities with power, duties, and jurisdictions as the legislature shall provide.
(c) That it is necessary and appropriate for the promotion of the health, safety, and welfare of the people of this state to enable the formation of metropolitan governments designed to perform multipurpose functions.
(d) That the formation of a metropolitan government under this act and the powers conferred by this act constitute a necessary program and serve a necessary public purpose.
(2) The purpose of this act is to do all of the following:
(a) Establish an authority to perform multipurpose functions in the metropolitan areas of this state.
(b) Promote the public health, safety, welfare, convenience, and prosperity of this state and its metropolitan areas.
(c) Modernize the tax system to help small businesses grow and create jobs in this state.
(d) Dedicate revenue for local purposes, including, but not limited to, police safety, fire protection, and ambulance emergency services.
History: 2014, Act 86, Eff. Aug. 22, 2014 Compiler's Notes: Enacting section 2 of Act 86 of 2014 provides:"Enacting section 2. This act does not take effect unless Senate Bill No. 822 of the 97th Legislature is approved by a majority of the qualified electors of this state voting on the question at an election to be held on the August regular election date in 2014."Enacting section 3 of Act 86 of 2014 provides:"Enacting section 3. If Senate Bill No. 822 of the 97th Legislature is not approved by the majority of the qualified electors of this state voting on the question at an election to be held on the August regular election in 2014, for fiscal year 2014-2015, the legislature shall appropriate an amount sufficient to make the appropriation described in section 17(1)(a) for fiscal year 2014-2015."Compiler's Notes: Pursuant to section 34 of article IV of the state constitution of 1963, a legislative referendum on Act 80 of 2014 was presented to the electors as Proposal 14-1 at the August 5, 2014 primary election. The proposal read as follows:“APPROVAL OR DISAPPROVAL OF AMENDATORY ACT TO REDUCE STATE USE TAX AND REPLACE WITH A LOCAL COMMUNITY STABILIZATION SHARE TO MODERNIZE THE TAX SYSTEM TO HELP SMALL BUSINESSES GROW AND CREATE JOBS The amendatory act adopted by the Legislature would: 1. Reduce the state use tax and replace with a local community stabilization share of the tax for the purpose of modernizing the tax system to help small businesses grow and create jobs in Michigan. 2. Require Local Community Stabilization Authority to provide revenue to local governments dedicated for local purposes, including police safety, fire protection, and ambulance emergency services. 3. Increase portion of state use tax dedicated for aid to local school districts. 4. Prohibit Authority from increasing taxes. 5. Prohibit total use tax rate from exceeding existing constitutional 6% limitation. Should this law be approved? YES [ ] NO [ ]”.Act 80 of 2014 was approved by a majority of the voters at the August 5, 2014 primary election. The election results were certified by the Michigan Board of State Canvassers on August 22, 2014.

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 123 - Local Government

Act 86 of 2014 - Local Community Stabilization Authority Act (123.1341 - 123.1362)

Section 123.1341 - Short Title.

Section 123.1343 - Legislative Findings; Declarations; Purpose of Act.

Section 123.1345 - Definitions.

Section 123.1347 - Local Community Stabilization Authority; Establishment; Public Body Corporate and Special Authority; Property of Authority as Public Property; Exemption From Taxes and Special Assessments; Presumption of Validity; Jurisdiction.

Section 123.1349 - Authority Council; Establishment as Governing Body; Membership; Appointment; Terms; Vacancy; Chairperson; Oath of Office; Compensation; Reimbursement for Travel and Expenses; Discharge of Duties; Meeting; Election of Officers; Cond...

Section 123.1351 - Powers, Duties, Functions, and Responsibilities of Authority.

Section 123.1352 - Local Community Stabilization Share; Power of Authority to Levy; Limitation; Receipt and Collection by Department; Generated Money as Money of Authority.

Section 123.1353 - Report by City and Township Assessor to County Equalization Director; Report by County Equalization Director to Department; Compilation of Municipality's Information; Calculation of Millage Rate and Debt Loss or School Debt Loss; R...

Section 123.1354 - Municipality Not Local School District, Intermediate School District, or Tax Increment Finance Authority; Municipality That Is County, Township, Village, City, or Authority Providing Essential Services; Duties of Department.

Section 123.1355 - Municipality That Is Local School District; Duties of Department.

Section 123.1356 - Municipality That Is Intermediate School District; Duties of Department.

Section 123.1356a - Municipality That Is Tax Increment Finance Authority; Calculation of Municipality's Tax Increment Small Taxpayer Loss; Duties of Municipality; Report.

Section 123.1356b - Calculation by Municipality That Is Tax Increment Finance Authority; Form and Manner; Extension of Calculation and Reporting Date; Exclusion.

Section 123.1357 - Appropriation of Funds; Purposes; Distribution to Municipalities; Distribution of Local Community Stabilization Share Revenue; Priority; Payments, Overpayments, and Underpayments; Insufficient Funds; Use of Revenue; Distribution; A...

Section 123.1358 - Distributions; Determination by Department; Submission of Information by Municipality; Availability; Municipality Review and Reporting.

Section 123.1359 - Bonds or Other Obligations; Issuance.

Section 123.1360 - Repealed. 2016, Act 124, Eff. May 19, 2016.

Section 123.1361 - Debt Payment.

Section 123.1362 - Construction of Act.