SB 565: Return unspent local government funds to general fund << Previous bill Next bill >>Introduced September 18, 2025
Official text and analysisProperty tax: exemptions; fund from which municipalities are reimbursed for certain revenue lost due to the small business property tax exemption; modify to require that unused funds lapse to the general fund. Amends sec. 3a of 2000 PA 489 (MCL 12.253a).
Sponsor: Sara AnthonyCosponsors: none
Referred to Senate Appropriations CommitteeSigned into law October 7, 2025: PA 27 of 2025