November 30, 2006, Introduced by Senator EMERSON and referred to the Committee on Finance.
A bill to amend 1993 PA 331, entitled
"State education tax act,"
by amending section 3 (MCL 211.903), as amended by 2002 PA 244.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 3. (1) Beginning in 1994, except as otherwise provided in
subsection
(2) subsections (2) and (3), there is levied a state
education tax on all property not exempt by law from ad valorem
property taxes or not subject to a tax under 1905 PA 282, MCL 207.1
to 207.21, at a rate of 6 mills.
(2) In 2003 only, there is levied a state education tax on all
property not exempt by law from ad valorem property taxes or not
subject to a tax under 1905 PA 282, MCL 207.1 to 207.21, at the
rate of 5 mills.
(3) For taxes levied after December 31, 2007, personal
property classified under section 34c of the general property tax
act, 1893 PA 206, MCL 211.34c, as commercial personal property or
industrial personal property is exempt from the tax levied under
this act.
Enacting section 1. This amendatory act does not take effect
unless all of the following bills of the 93rd Legislature are
enacted into law:
(a) Senate Bill No. 1515.
(b) Senate Bill No. 1516.
(c) Senate Bill No. 1517.
(d) Senate Bill No. 1513.