2015 Senate Bill 615 / 2016 Public Act 15

Revise tax captures under property tax judgement levies

Introduced in the Senate

Nov. 10, 2015

Introduced by Sen. Wayne Schmidt (R-37)

To prohibit revenue collected by a "judgment levy" property tax from being “captured” by a government entity funded by a “tax increment financing” scheme. Judgment levies are property taxes imposed on property owners in a particular school district or municipality that has lost or settled a big lawsuit.

Referred to the Committee on Judiciary

Dec. 2, 2015

Reported without amendment

With the recommendation that the bill pass.

Dec. 10, 2015

Passed in the Senate 38 to 0 (details)

Received in the House

Dec. 10, 2015

Referred to the Committee on Judiciary

Jan. 26, 2016

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Feb. 3, 2016

Passed in the House 106 to 0 (details)

To prohibit revenue collected by a "judgment levy" property tax from being “captured” by a government entity funded by a “tax increment financing” scheme. Judgment levies are property taxes imposed on property owners in a particular school district or municipality that has lost or settled a big lawsuit.

Signed by Gov. Rick Snyder

Feb. 16, 2016