2007 House Joint Resolution W

Exempt school sinking fund taxes from Headlee rollbacks

Introduced in the House

Sept. 12, 2007

Introduced by Rep. Coleman Young (D-4)

To exempt school “sinking fund” property taxes from the Headlee tax limitation amendment millage rollback provisions, which essentially prohibit schools and local governments from profiting from real estate assessment increases greater than the general rate of inflation.

Referred to the Committee on Tax Policy