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2007 Senate Bill 367: Change name of “sinking funds”
Introduced by Sen. Wayne Kuipers R-Holland on March 21, 2007
To allow schools to call sinking funds “infrastructure investment funds” in the ballot language of property tax millage increase requests. The bill would not expand the allowable uses of sinking fund revenue, or raise the current cap of five mills for these property tax levies.   Official Text and Analysis.
Referred to the Senate Education Committee on March 21, 2007