There is a newer version of the Michigan Compiled Laws
2012 Michigan Compiled Laws
Chapter 141 — MUNICIPAL FINANCING
Act 140 of 1971 — GLENN STEIL STATE REVENUE SHARING ACT OF 1971 (141.901 - 141.921)
- Section 141.901 — Short title.
- Section 141.902 — Intangibles tax, sales tax, and state income tax defined.
- Section 141.903 — Population and rate defined.
- Section 141.904 — Local property taxes, local income and excise taxes, local taxes, overlapping taxes, and special assessments defined.
- Section 141.905 — Definitions.
- Section 141.906 — Additional definitions.
- Section 141.907 — Special census of population; cost; provisions; certification and utilization of results; enumeration date; share of revenues based on increased population.
- Section 141.911 — Payments to counties from state income tax collections; time and basis; payments to counties based on sales tax collections.
- Section 141.911a — Repealed. 1998, Act 532, Imd. Eff. Jan. 12, 1999.
- Section 141.912 — Payments to cities, villages, and townships from sales tax collections; time and basis.
- Section 141.912a — Payments to cities, villages, townships, and counties; calculations; interest; payment of proportionate share of reimbursements to eligible authorities; disbursement dates.
- Section 141.913 — Payments to cities, villages, and townships from state income tax and single business tax; payments based on sales tax collections; population more than or less than 750,000; limitations; distributions; payment dates; annual appropriation by legislature; withholding payments.
- Section 141.913a — Census delay adjustment payments; eligibility of city, village, or township; calculation; reservation of additional sum; appropriation; reduction of amounts reserved.
- Section 141.913b — Payments to include interest; delay in payments; gubernatorial directive; unavoidable delay or set off; disbursement by state treasurer.
- Section 141.913c — Reduced rate or collections from local governmental unit's property, income, or utility tax; use of reduction as basis.
- Section 141.913d — Distribution periods less than 12 months; annualization of amount.
- Section 141.914 — Repealed. 1998, Act 532, Imd. Eff. Jan. 12, 1999.
- Section 141.914a — Supplemental payments to cities, villages, or townships; computation; appropriation.
- Section 141.915 — Repealed. 1998, Act 532, Imd. Eff. Jan. 12, 1999.
- Section 141.916 — Repealed. 1975, Act 245, Eff. Dec. 1, 1975.
- Section 141.917 — Disposition of payments made to cities, villages, townships, and counties.
- Section 141.917a — Withholding amount equivalent to delinquent payments due on emergency municipal loan; withholding payment under act; extent; plan for financing outstanding obligations upon which municipality defaulted; use of amounts withheld; payment of debt service on bonds or notes; agreement assigning or pledging payment; statement; withholding payment to satisfy payment due and owing to state.
- Section 141.918 — Report on local taxes, special assessments, overlapping taxes, and taxable value; report on levied millage rate; effect of failure to report; prorating and allocating overlapping taxes; report on local revenues; summary and analysis of reports; recommendations; report on tax collections available for distribution; distribution in single warrant; reduced millage rate considered to be 1 mill.
- Section 141.919 — Effective date.
- Section 141.920 — Receipts of cities, villages, or townships maintaining local tax efforts.
- Section 141.921 — Withholding payments until submission of financial report or audit; filing, evaluation, certification, and institution of financial plan to correct deficit condition; noncompliance; notification of legislature; deficit condition defined.
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