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Michigan Compiled Laws Complete Through PA 530 of 2018
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Senate: Adjourned until Tuesday, February 19, 2019 10:00:00 AM

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Act 196 of 1986
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Act 196 of 1986

AN ACT to authorize the formation of public transportation authorities with certain general powers and duties; to provide for the withdrawal of certain local entities from public transportation authorities; to authorize certain local entities to levy property taxes for public transportation service and public transportation purposes; to protect the rights of employees of existing public transportation systems; to provide for the issuance of bonds and notes; to provide for the pledge of taxes, revenues, assessments, tax levies, and other funds for bond or note payment; to provide for the powers and duties of certain state agencies; to validate taxes authorized before July 10, 1986, elections held before July 10, 1986, and bonds and notes issued before July 10, 1986; to provide for transfer of certain tax revenue and certain powers, rights, duties, and obligations; to authorize condemnation proceedings; to grant certain powers to certain local entities; to validate and ratify the organization, existence, and membership of public transportation authorities created before July 10, 1986 and the actions taken by those public transportation authorities and by the members of those public transportation authorities; and to prescribe penalties and provide remedies.

History: 1986, Act 196, Imd. Eff. July 10, 1986 ;-- Am. 1998, Act 168, Eff. Mar. 23, 1999

© 2017 Legislative Council, State of Michigan

The People of the State of Michigan enact:

Section 124.451SectionShort title.
Section 124.452SectionDefinitions.
Section 124.453SectionPublic authority; formation generally; membership; articles of incorporation; approval.
Section 124.454SectionPublic authority; formation by political subdivision; articles of incorporation.
Section 124.455SectionArticles of incorporation; endorsement as evidence of adoption; publication; filing; operative public authority; effective date of articles; validity of incorporation conclusively presumed; exception.
Section 124.456SectionArticles of incorporation; contents.
Section 124.457SectionMembership after formation of public authority; resolution; approval, execution, filing, and publication of amendment to articles.
Section 124.458SectionConditions to release from membership in public authority; taxes; transportation services; evidence of release; withdrawal from public authority; violation of MCL 168.1 to 168.992 applicable to petitions; penalties; notice.
Section 124.459SectionTax limitations.
Section 124.460SectionValidation and ratification of acts taken before effective date of act.
Section 124.461SectionAssumption, transfer, assignment, or conveyance of tax revenues, property, rights, duties, and obligations.
Section 124.462SectionPowers of public authority generally; public authority as public benefit agency and instrumentality of state.
Section 124.463SectionAdditional powers of public authority.
Section 124.464SectionAdditional powers of public authority.
Section 124.465SectionCollective bargaining agreements; employees entering military service.
Section 124.466SectionExemption of public authority from certain acts in exercise of powers.
Section 124.467SectionPublic transportation service; financing.
Section 124.468SectionTax levy; collection.
Section 124.469SectionAdditional tax levy.
Section 124.470SectionContract with public authority to make payments, appropriations, or contributions; pledge of full faith and credit; tax levy; execution of contract.
Section 124.471SectionDuties of public authority.
Section 124.472SectionNotes and bonds generally.
Section 124.473SectionNotes and bonds; additional provisions; tax exemption; advancing money or delivering property to carry out powers and duties; repayment or payment.
Section 124.474SectionLoans.
Section 124.475SectionRevenues pledged for payment of debt service on bonds or notes subject to statutory lien; substitution of other security.
Section 124.476SectionInvestments; use of investment income.
Section 124.477SectionNotes and bonds as securities.
Section 124.478SectionValidation and ratification of prior acts.
Section 124.479SectionDuration of financial obligation.
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