Michigan Compiled Laws
Act 140 of 1971 - Glenn Steil State Revenue Sharing Act of 1971 (141.901 - 141.921)
Section 141.906 - Additional Definitions.

Sec. 6.
(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% of the overlapping taxes levied in the city, village, or township, which sum is divided by the taxable value of the city, village, or township.
(2) "Statewide tax burden rate" means the total local taxes in the state plus the total special assessments levied by cities, villages, or townships plus 25% of the total overlapping taxes in the state, which sum is divided by the total taxable value.
(3) "Relative tax burden rate" means the local tax burden rate for a city, village, or township divided by the statewide tax burden rate.
(4) "Tax burden formula" means the method for computing, from the total amount of revenue available for distribution under the formula at any single time, the amount to be paid to a city, village, or township determined as follows:
(a) Multiply the relative tax burden rate of the city, village, or township by its population.
(b) Divide the total amount of revenue available for distribution under the formula at any single time by the sum of the products determined under subdivision (a).
(c) Multiply the quotient from subdivision (b) by the individual products determined under subdivision (a) for each city, village, or township.
History: 1971, Act 140, Imd. Eff. Sept. 30, 1971 ;-- Am. 1972, Act 212, Imd. Eff. July 7, 1972 ;-- Am. 1973, Act 69, Imd. Eff. July 23, 1973 ;-- Am. 1975, Act 245, Imd. Eff. Sept. 4, 1975 ;-- Am. 1996, Act 342, Imd. Eff. June 27, 1996

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 141 - Municipal Financing

Act 140 of 1971 - Glenn Steil State Revenue Sharing Act of 1971 (141.901 - 141.921)

Section 141.901 - Short Title.

Section 141.902 - “Intangibles Tax,”“sales Tax,” and “State Income Tax” Defined.

Section 141.903 - “Population” and “Rate” Defined.

Section 141.904 - “Local Property Taxes,”“local Income and Excise Taxes,”“local Taxes,”“overlapping Taxes,” and “Special Assessments” Defined.

Section 141.905 - Definitions.

Section 141.906 - Additional Definitions.

Section 141.907 - Special Census of Population; Cost; Provisions; Certification and Utilization of Results; Enumeration Date; Share of Revenues Based on Increased Population.

Section 141.911 - Payments to Counties From State Income Tax Collections; Time and Basis; Payments to Counties Based on Sales Tax Collections.

Section 141.911a - Repealed. 1998, Act 532, Imd. Eff. Jan. 12, 1999.

Section 141.912 - Payments to Cities, Villages, and Townships From Sales Tax Collections; Time and Basis.

Section 141.912a - Payments to Cities, Villages, Townships, and Counties; Calculations; Interest; Payment of Proportionate Share of Reimbursements to Eligible Authorities; Disbursement Dates.

Section 141.913 - 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 Appropr...

Section 141.913a - Census Delay Adjustment Payments; Eligibility of City, Village, or Township; Calculation; Reservation of Additional Sum; Appropriation; Reduction of Amounts Reserved.

Section 141.913b - Payments to Include Interest; Delay in Payments; Gubernatorial Directive; Unavoidable Delay or Set Off; Disbursement by State Treasurer.

Section 141.913c - Reduced Rate or Collections From Local Governmental Unit's Property, Income, or Utility Tax; Use of Reduction as Basis.

Section 141.913d - Distribution Periods Less Than 12 Months; Annualization of Amount.

Section 141.914 - Repealed. 1998, Act 532, Imd. Eff. Jan. 12, 1999.

Section 141.914a - Supplemental Payments to Cities, Villages, or Townships; Computation; Appropriation.

Section 141.915 - Repealed. 1998, Act 532, Imd. Eff. Jan. 12, 1999.

Section 141.916 - Repealed. 1975, Act 245, Imd. Eff. Sept. 4, 1975.

Section 141.917 - Disposition of Payments Made to Cities, Villages, Townships, and Counties.

Section 141.917a - 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; Pay...

Section 141.918 - 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...

Section 141.919 - Effective Date.

Section 141.920 - Receipts of Cities, Villages, or Townships Maintaining Local Tax Efforts.

Section 141.921 - 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” D...