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Michigan Legislature
Michigan Compiled Laws Complete Through PA 15 of 2018
House: Adjourned until Thursday, February 22, 2018 12:00:00 PM
Senate: Adjourned until Thursday, February 22, 2018 10:00:00 AM

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Section 280.475

Act 40 of 1956

280.475 Statutory or charter tax limitations inapplicable; rate or amount of taxes.

Sec. 475.

Taxes levied by a public corporation for the payment of assessments hereunder shall not be deemed to be within any statutory or charter tax limitation. A public corporation may impose taxes without limitation as to rate or amount for the payment of the assessments in anticipation of which bonds are issued, which taxes shall be in addition to any taxes that the public corporation may otherwise be authorized to levy but not more than the rate or amount sufficient therefor.

History: 1956, Act 40, Imd. Eff. Mar. 28, 1956 ;-- Am. 1959, Act 77, Imd. Eff. June 29, 1959 ;-- Am. 1973, Act 208, Imd. Eff. Jan. 11, 1974
Popular Name: Act 40

© 2017 Legislative Council, State of Michigan

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