2015 Senate Bill 540 / 2016 Public Act 10

Expand allowable uses of state education tax

Introduced in the Senate

Oct. 1, 2015

Introduced by Sen. Jim Ananich (D-27)

To revise the law that authorizes a 6 mill state property tax for school funding, to authorize using some of this money for other purposes. This is related to changes to the proposal in Senate Bill 539 of expanding “promise zone” tax increment financing schemes.

Referred to the Committee on Economic Development and International Investment

Oct. 20, 2015

Reported without amendment

With the recommendation that the bill pass.

Oct. 29, 2015

Passed in the Senate 36 to 0 (details)

Received in the House

Oct. 29, 2015

Referred to the Committee on Workforce and Talent Development

Jan. 14, 2016

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Jan. 27, 2016

Passed in the House 100 to 7 (details)

To revise the law that authorizes a 6 mill state property tax for school funding, to authorize using some of this money for other purposes. This is related to changes to the proposal in Senate Bill 539 to revise some details of “promise zone” tax increment financing schemes.

Signed by Gov. Rick Snyder

Feb. 16, 2016