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2022 Senate Bill 1224: Revise process to set “business improvement zone” levies on property owners
Introduced by Sen. Wayne Schmidt R-Traverse City on November 10, 2022
To permit assessing “business improvement zone” levies on property owners on the basis of factors other than the relative benefits they receive from the entities’ spending, and instead base the levies on assessed value, taxable value, square footage, street frontage, and “any other factor relating to assessable property identified in the zone plan.” Also, to permit "proportional voting" in the process for authorizing one of these zones.   Official Text and Analysis.
Referred to the Senate Economic and Small Business Development Committee on November 10, 2022