Michigan Code — MUNICIPAL.FINANCING
Browse 621 sections in division MUNICIPAL.FINANCING of the Michigan code. Each section page includes the full statutory text, official source links, and citation guidance.
Sections (showing up to 300)
- § 141.11. County sinking fund commissioners.
- § 141.12. County sinking fund commissioners; handling of fund, investment.
- § 141.13. County sinking fund commissioners; control of fund, application.
- § 141.14. Board of sinking fund commissioners; annual meeting; transaction of business; rules; quorum; payment of outstanding debt; investment of money; presiding officer; clerk; record; conducting business at public meeting; notice of meeting; availability of certain writings to public.
- § 141.15. County treasurer; duties as custodian, bond.
- § 141.16. Condition reports to supervisors; tax recommendations.
- § 141.17. Tax levy; bond sale proceeds, interest, deposit.
- § 141.18. Per diem; expenses; county charge.
- § 141.19. Commissioner's rules.
- § 141.20. Approval of act by supervisors.
- § 141.31. Bond issues; requisite sinking funds.
- § 141.32. Sinking fund commissioners.
- § 141.33. Sinking fund commissioners; control of fund, application; payment, manner.
- § 141.34. Sinking fund commissioners; handling of funds, investment; bonded debt.
- § 141.35. Sinking fund commissioners; annual meeting, procedure; rules; authorizing vote; clerk, records.
- § 141.36. Sinking fund commissioners; condition reports to board; tax recommendations.
- § 141.37. Bond sale; interest, credit; expenses of commissioners.
- § 141.38. Suit on securities.
- § 141.39. Saving clause; construction of act.
- § 141.40. Violation of MCL 168.1 to 168.992 applicable to petitions; penalties.
- § 141.51. Creation of sinking fund for public buildings and sites; tax referendum.
- § 141.52. Tax referendum procedure.
- § 141.53. Requisite notices.
- § 141.54. Ballots; form, contents, distribution, counting; authorizing vote; levy.
- § 141.55. Sinking fund control.
- § 141.61. Borrowing money for permanent improvements; issuance, sale, and payment of bonds.
- § 141.61a. Constructing, equipping, or making alterations in public buildings; authorization of expenditures.
- § 141.62. Board's resolution; contents; referendum.
- § 141.63. Board's resolution; required notices; election procedure; construed.
- § 141.64. Election returns; certificate, recording; authorized acts.
- § 141.65. Provisions cumulative; election.
- § 141.66. Validation clause.
- § 141.71. Tax for sites, construction, or repair of public buildings or bridges; limitations; bonds subject to revised municipal finance act.
- § 141.72. Board of supervisors; excess sums; referendum, procedure.
- § 141.73. Notice of election; posting.
- § 141.74. Ballots; form, distribution, counting; authorizing vote, effect.
- § 141.91. Cities and villages, prohibited taxes.
- § 141.101. Short title; revenue bond act of 1933.
- § 141.102. Construction of act.
- § 141.103. Definitions.
- § 141.104. Municipal public improvements; limitations; bonds; acquiring utility for supplying light, heat or power; referendum; powers exercised.
- § 141.105. Estimate of cost and period of usefulness.
- § 141.106. Ordinances; adoption; purpose; approval or disapproval; veto; effective date; referendum; record; authentication; publication.
- § 141.107. Bonds; issuance; form; term; interest; exclusion from net bonded indebtedness; registration; pledge of funds; statutory first lien.
- § 141.107a. Powers of public corporation in determining to issue bonds; terms of payment; interest; sale or remarketing; tender of bonds by holders; determining aggregate authorized amount of bonds outstanding; remarketing or resale of tendered bonds or incurrence of obligation of public corporation; provisions of section construed.
- § 141.107b. Delinquent tax revolving fund; continuation under MCL 211.87b; borrowing money and issuing revenue notes; order; delinquent tax revenue as security; segregated fund or account; requirements applicable to notes; limited tax full-faith and credit obligations of county; insufficient tax proceeds; pledge of county's general fund as security; conditions; other provisions; exemption from tax; payment; registration; powers of county treasurer; security under trust or escrow agreement; exemption from MCL 141.2101 to 141.2821.
- § 141.108. Lien on revenue in favor of bondholders.
- § 141.109. Statutory lien on net revenues; duration; enforcement.
- § 141.110. Receiverships for public improvements.
- § 141.111. Bonds; application of other laws and charters.
- § 141.112. Bonds; discount; sale price; interest; competitive or negotiated sale; notice; publication.
- § 141.112a. Bonds subject to revised municipal finance act.
- § 141.112b. Bulletins; issuance by department of treasury.
- § 141.113. Bonds; statement on face of bond or on face of interest coupon.
- § 141.114. Bonds; qualities of negotiable instruments.
- § 141.115. Bonds; deposit and investment of sale proceeds.
- § 141.116. Bonds; use of sale proceeds; cancellation of bonds acquired by purchase; payment of capitalized interest.
- § 141.117. Bonds; validity of signatures.
- § 141.118. Charges for services; providing medical care without charge or at reduced rates; free service to land bank fast track authority.
- § 141.119. Additional bonds.
- § 141.120. Revenue refunding bonds.
- § 141.120a. Combined public improvements; bonds; revenues pledged; retirement.
- § 141.120b. Issuance of revenue bonds to retire outstanding bonds for public improvements; revenue refunding bonds; noncallable unmatured bonds.
- § 141.120c. Parking revenue bonds; special assessments on benefited properties.
- § 141.121. Rates for services; sufficiency; fixing and revising; pledge for payment of bonds; charges for services as lien on premises; certification of delinquent charges; notice of tenants' responsibility for payment of charges; cash deposit; discontinuance of service to enforce payment of charges; validation of enforcement methods included in ordinance.
- § 141.121a. Issuance of notes; requirement that delinquent tax revenues be fixed and sufficient; statutory lien.
- § 141.122. Accounting of revenues; order of priority; disposition of surplus.
- § 141.122a. Delinquent tax revenues; statutory lien; commingling; designation of note and interest redemption account; set aside of reasonable excess amount; reserve; transfer of surplus to county general fund.
- § 141.123. Appropriation and use of revenues for payment of operation and maintenance expenses; appropriation and use of moneys raised by tax levy.
- § 141.124. Money in several accounts of public improvement; separate deposit account; investment.
- § 141.124a. Deposit accounts.
- § 141.125. Fixing dates of operating year for public improvement.
- § 141.126. Receiving fund surplus; deposit.
- § 141.127. Issuance of bonds by public corporation; applicable laws.
- § 141.128. Effect of approval permitting issuance of bonds.
- § 141.129. Service rates not subject to supervision by state agency.
- § 141.130. Books of record and account; annual audit report.
- § 141.131. Redemption of bonds before maturity.
- § 141.132. Breach of contract not authorized; pledging of revenues; disconnection of lands not to affect liability under bond issue.
- § 141.133. Issuance of bonds without submitting proposition to voters for approval; notice of intent to issue bonds; petition requesting referendum; special election; verification and rejection of signatures; determining number of registered electors.
- § 141.133a. Validation of bonds heretofore issued.
- § 141.133b. Violation of MCL 168.1 to 168.992 applicable to petitions; penalties.
- § 141.134. Liberal construction of act.
- § 141.136. Immediate necessity.
- § 141.137. Condemnation of property.
- § 141.138. Trustee; appointment; powers and duties; pledging of trust funds.
- § 141.139. Water pollution; prevention or abatement; public corporation may accept grants or aid from U.S. government.
- § 141.140. Allocation system for private activity bonds; establishment; purpose; applicability; ratification of prior allocations; revocation of allocation; applicability of subsection (1).
- § 141.151. Definitions.
- § 141.152. Maximum interest rate on certain bonds and evidences of indebtedness.
- § 141.153. Maximum interest rate on assessments or certain contract obligations; adjustment.
- § 141.161. Short title.
- § 141.162. Definitions.
- § 141.163. Purpose.
- § 141.164. Unlimited tax pledges for payment of tax obligations; resolution submitting question to vote of electors; election; approval; binding unlimited tax pledges; tax levy.
- § 141.165. Different tax obligations as single ballot proposition; contents of ballot question and notice of election; new authority not granted.
- § 141.166. Time of making unlimited tax pledge in support of tax obligation.
- § 141.167. Validation of prior elections.
- § 141.168. Liberal construction.
- § 141.171. Automobile parking facilities; leasing space, limitation.
- § 141.172. Automobile parking facilities; leasing of ground and basement floor space by township for purposes other than parking of automobiles.
- § 141.173. Scope of act.
- § 141.211. Defaulted municipal bonds.
- § 141.212. Defaulted municipal bonds; call for tenders.
- § 141.213. Defaulted municipal bonds; tenders, acceptance or rejection.
- § 141.214. Defaulted municipal bonds; payment of accepted tenders.
- § 141.221. Definitions.
- § 141.222. Municipal borrowing; bus and street railway transportation or water supply utility purposes.
- § 141.223. Notes subject to MCL 141.2101 to 141.2821.
- § 141.224. Municipal borrowing for utility purposes; limitations.
- § 141.226. Municipal borrowing for utility purposes; liability of municipality; construction of act.
- § 141.251. Borrowing money and issuing notes for county road purposes; resolution.
- § 141.252. Notes; issuance; provisions.
- § 141.254. Saving clause; pledging allocated revenues prohibited.
- § 141.261. Funds for public improvements or buildings.
- § 141.262. Funds for public improvements or buildings; transfer or encumbrance.
- § 141.263. Funds for public improvements or buildings; allocation of miscellaneous revenues; sale of lands.
- § 141.264. Tax limitation.
- § 141.265. Additional powers; political subdivision construction.
- § 141.311. Municipal electric plant; purchase of equipment on conditional sales contract, validation; negotiability of revenue obligations.
- § 141.312. Definitions.
- § 141.321. Definitions.
- § 141.322. Acquisition or improvement of parks; financing; establishment of special assessment district; petition; acquisition by condemnation prohibited; scope of powers.
- § 141.323. Condemnation prohibited.
- § 141.324. Additional powers not limited.
- § 141.351. Transfer of unexpended balances by townships or municipalities to county.
- § 141.352. Transfer of unexpended balances; submission to electors; conduct of election.
- § 141.371. Definitions.
- § 141.372. Local improvement revolving fund; establishment.
- § 141.373. Sources of funds.
- § 141.374. Local improvement revolving fund; repayment of advances.
- § 141.375. Authority given by act.
- § 141.381. Issuance of bonds and notes; resolution; purpose; pledges; use of proceeds; debt limitation; general obligations.
- § 141.382. Form and execution of bonds or notes; principal and interest; maximum due in one year; due dates; tax exemptions.
- § 141.383. Bonds or notes subject to MCL 141.2101 to 141.2821.
- § 141.401. Metropolitan district bonds; assumption by cities; refunding bonds.
- § 141.411. Local unit of government; definition.
- § 141.412. Local unit of government; public hearing on proposed budget; notice.
- § 141.413. Local unit of government; final adoption of budget; hearing; exception.
- § 141.414. Local unit of government; changes in budget.
- § 141.415. Local unit of government; public hearing on budget, charter, statute.
- § 141.421. Uniform charts of accounts for local units; design; conformity to uniform standards; maintenance of local unit accounts; publication of standard operating procedures and forms; assistance, advice, or instruction; inadequacy of local unit; report; services of certified public accountant or state treasurer; expenses; payment; contract; monthly billings.
- § 141.421a. Short title.
- § 141.422. Meanings of words and phrases.
- § 141.422a. Definitions; A, B.
- § 141.422b. Definitions; B to D.
- § 141.422c. Definitions; E to G.
- § 141.422d. Definitions; D to S.
- § 141.423. Publication; hearings.
- § 141.424. Annual financial report; contents; filing; extension; unauthorized investments prohibited; “pension” defined.
- § 141.424a. Failure of local unit to report investments in derivative instruments or products.
- § 141.424b. Schedule of derivative instruments and products; filing copies; Library of Michigan and depository libraries as depositories; retention of annual report by local unit.
- § 141.425. Local units; audits.
- § 141.426. Certified public accountants; cost.
- § 141.427. Minimum auditing procedures and standards; form for report of auditing procedures; filing audit report and report of auditing procedures; time for filing; extension.
- § 141.428. Contents of audit report.
- § 141.429. Public inspection of audit reports.
- § 141.430. Orders and subpoenas.
- § 141.431. Violations of act.
- § 141.432. Verification of transactions.
- § 141.433. Scope of examiner's authority; production of records; divulging confidential information.
- § 141.433a. Energy conservation improvements.
- § 141.434. Budget; preparation, presentation, and control of expenditures; information; transmitting recommended budget to legislative body; suggested general appropriations act; consideration of recommended budget; furnishing information to legislative body; public hearing.
- § 141.435. Recommended budget; contents; limitation on total estimated expenditures.
- § 141.436. General appropriations act; requirements; line items not mandated; taxation; limitation on estimated total expenditure; presumption; suit against county legislative body; standing; mediation; severability.
- § 141.437. General appropriations act; amendment; reports; recommendations.
- § 141.438. Incurring debts or obligations; dividing appropriations into allotments; expenditures; application or diversion of money; restrictions on delegation of duties; enforcement power; suit against chief administrative officer of county; standing; mediation; 60-day period to bring suit in Michigan court of appeals; court jurisdiction; limitation; certain actions barred; expenditure of funds; severability.
- § 141.439. Expenditure of funds; transfers within appropriations.
- § 141.440. Violation; filing; report; review and action by attorney general; civil action for recovery of funds and public property.
- § 141.440a. Manuals, forms, and operating procedures; training and educational programs.
- § 141.441. Definitions.
- § 141.442. Budget stabilization fund; creation.
- § 141.443. Budget stabilization fund; appropriation; additional taxes prohibited; limitation; investments; disposition of excess money.
- § 141.444. Budget stabilization fund; purposes; sufficiency of municipality's revenue.
- § 141.445. Budget stabilization fund; prohibitions.
- § 141.451. Fire trucks, fire fighting apparatus and equipment; purchase by municipalities; title retaining contract; chattel mortgage.
- § 141.471. Short title.
- § 141.472. Definitions.
- § 141.473. Health and safety fund; creation; deposits.
- § 141.474. Distribution from fund generally.
- § 141.475. Distribution from fund; amounts.
- § 141.476. Distribution under MCL 141.475(b)(ii) and 141.475(c).
- § 141.477. Withholding or assignment of distribution.
- § 141.478. Appropriations.
- § 141.479. Conditional effective date.
- § 141.501. City income tax act; short title.
- § 141.502. Income tax; prohibited to villages; uniform city income tax ordinance; prior ordinance.
- § 141.502a. Imposition of excise tax; condition.
- § 141.503. Excise tax on income; levy, assessment, and collection; rates; deposit of amount by city forming lighting authority into city's police department budget; adoption, rescission, or amendment of uniform city income tax ordinance; petitions for referendum election; submitting question to city electors; election procedures; effective date of ordinance; delay; applicability; end of tax year.
- § 141.503a. Specific rates to be levied by city; establishment; limitations; increase in tax rate; approval; resolution; financial management consultant; duties; monitoring and reporting; termination of consultant services; recommendations of local emergency financial assistance loan board.
- § 141.503b. Amending ordinance to increase tax; duration of increase; approval of amendment; applicability of section.
- § 141.503c. Amendment to city income tax ordinance.
- § 141.503d. Violation of MCL 168.1 to 168.992 applicable to petitions; penalties.
- § 141.504. Rules governing form and manner of appeal from final determination; time for appeal; hearing; evidence; notice of hearing; order; copy of order and opinion.
- § 141.505. Right of appeal from decision or order; establishment of city income tax trust fund; payment of recoveries as result of appeal; compliance with final order.
- § 141.505d. Charge or collection of city income tax by department of treasury; limitation.
- § 141.506. Uniform city income tax ordinance; application; voluntary registration to withhold.
- § 141.507. Uniform city income tax ordinance; form.
- § 141.508. Imposition of city income tax within renaissance zone; amendment of city income tax ordinance.
- § 141.509. Administration, enforcement, and collection of city income tax by department of treasury; agreement; disposition of amounts collected; provisions.
- § 141.601. Uniform city income tax ordinance; short title.
- § 141.602. Uniform city income tax ordinance; rules of construction, definitions.
- § 141.603. Definitions; A to D.
- § 141.604. Definitions; C.
- § 141.605. Definitions; D.
- § 141.606. Definitions; E, F.
- § 141.607. Definitions; F to N.
- § 141.608. Definitions; N to P.
- § 141.609. Definitions; R to T.
- § 141.611. Excise tax on incomes; rates.
- § 141.611a. Ordinance, resolution, or agreement to dedicate and transfer funds; purposes; commencement; amount; definitions.
- § 141.611b. City as qualified local unit of government; dedication and transfer of funds; purposes; use of federal data facility fund; amount; definitions.
- § 141.612. Excise tax on incomes; application to resident individuals.
- § 141.613. Types of nonresident income to which tax applicable; extent and basis of tax.
- § 141.614. Excise tax on incomes; taxable net profits of a corporation, definition.
- § 141.615. Excise tax on incomes; unincorporated business, profession; sole proprietorship, partnership.
- § 141.616. Unincorporated business, profession, or activity; return.
- § 141.617. Unincorporated business, profession, or activity; election to pay tax.
- § 141.618. Partial business activity in city; apportionment of net profit.
- § 141.619. Partial business activity in city; separate accounting method.
- § 141.620. Partial business activity in city; business allocation percentage method.
- § 141.621. Partial business activity in city; percentage of average net book value; gross rental value of real property.
- § 141.622. Partial business activity in city; percentage of compensation paid employees.
- § 141.623. Partial business activity in city; percentage of gross revenue.
- § 141.624. Partial business activity in city; business allocation percentage.
- § 141.625. Partial business activity in city; substitute methods.
- § 141.626. Capital gains and losses; determination.
- § 141.627. Estates or trusts, deemed nonresidents; definitions.
- § 141.628. Income from estates and trusts.
- § 141.631. Exemptions.
- § 141.632. Payments and benefits not subject to tax.
- § 141.633. Deductible expenses generally.
- § 141.634. Deductible expenses; alimony, separate maintenance payments and principal sums payable in installments, moving expenses, and payments to retirement plan or account.
- § 141.635. Qualified taxpayer within renaissance zone; determination of deductions claimed.
- § 141.640. Extension for filing annual return.
- § 141.641. Annual return; joint return.
- § 141.642. Returns; contents.
- § 141.643. Payment of tax; refund; interest; allocation of payment; notice; nonobligated spouse; form; filing; release of liability; definitions.
- § 141.644. Federal income tax return; eliminations.
- § 141.645. Net profits; consolidated returns.
- § 141.646. Amended return; change of method of accounting.
- § 141.651. Withholding of tax by employer; voluntary withholding by certain employers; employer as trustee; failure or refusal to deduct and withhold tax; liability; discharge.
- § 141.652. Tax withheld; payments or persons excepted.
- § 141.653. Tax withheld; payment by employee or employer.
- § 141.654. Tax withheld; exemptions claimed; percentage of work done at predominant place of employment; qualified taxpayer within renaissance zone.
- § 141.655. Tax withheld; revised form; time for filing; qualified taxpayer within renaissance zone.
- § 141.656. Refusal by employee to furnish withholding certificate; withholding by employer; report.
- § 141.657. Tax withheld; withholding tables; first compensation taxable.
- § 141.658. Tax withheld; overwithheld tax, refund.
- § 141.659. Tax withheld; correction of error, refund.
- § 141.660. Tax withheld; payment by employer; return; electronic funds transfer.
- § 141.661. Tax withheld; employer's reconciliation of quarterly returns; deficiency; refund; information return; cessation of business.
- § 141.662. Declaration of estimated tax; filing; form; time; exceptions.
- § 141.663. Declaration of estimated tax not withheld; computation; payment; installments.
- § 141.664. Annual return; filing; extension of time; failure to file; penalty.
- § 141.664a. Sale of business or stock of goods or quitting business; liability for tax; escrow by purchaser; release to purchaser of known tax liability; failure to comply with escrow requirements; liability of corporation officers.
- § 141.665. Credit for city income tax paid another city.
- § 141.666. Fractional part of a cent or dollar.
- § 141.671. Rules and regulations; adoption; enforcement; forms; collection of tax.
- § 141.672. Special ruling; appeal to income tax board of review.
- § 141.673. Examination of books and records; witnesses; additional provisions relating to dispute resolution.
- § 141.674. Information confidential; divulgence, penalty, discharge from employment.
- § 141.680. Waiver of interest or penalties during extension.
- § 141.682. Payment of tax; interest; “adjusted prime rate” defined; penalty for delay; waiver of penalty for reasonable cause.
- § 141.683. Additional tax assessment; when interest and penalty not imposed.
- § 141.684. Due and unpaid assessment; determination; proposed assessment; written protest or request for informal conference; frivolous protest; penalty.
- § 141.685. Final assessment.
- § 141.686. Failure to pay tax; demand; recovery; prosecution.
- § 141.686a. Authority to impose a lien for taxes.
- § 141.686b. Demand for payment; warrant; levy on property; refusal or failure to surrender property; personal liability; effect of levy on salary or wages; service of warrant-notice levy.
- § 141.686c. Recording release of a lien; conditions for filing; release of levy; conditions for service; reimbursement of fee; certificate of withdrawal; release of levy.
- § 141.687. Jeopardy assessment; procedure.
- § 141.688. Statute of limitations; waiver; payment of tax.
- § 141.689. Statute of limitations; refund.
- § 141.691. Income tax board of review; appointment of city residents; selection of officers; adoption, filing, inspection, and copies of rules of procedure; quorum; conflict of interests; record of transactions and proceedings; availability of record and other writings to public; conducting business at public hearing; notice of hearing.
- § 141.692. Income tax board of review; notice of appeal; transcript; hearing; confidential tax data; payment of deficiency or refund.
- § 141.692a. Appeal of final assessment, decision, or order for collection of city income tax to tax tribunal; procedure.
- § 141.693. Appeal of rule to department; appeal of final assessment, decision, or order to tax tribunal; procedure.
- § 141.694. Appeal to court of appeals or supreme court; procedure.
- § 141.695. Payment to taxpayer from city general fund or city income tax trust fund.
- § 141.699. Violations; misdemeanor; penalties.
- § 141.701. Alternative provisions; adoption.
- § 141.760. Tax withheld; return; payment; electronic funds transfer.
- § 141.761. Tax withheld; reconciliation of quarterly returns; deficiencies; refunds; information returns; cessation of business.
- § 141.787. Jeopardy assessment; procedure.
- § 141.861. Definitions.
- § 141.862. County excise tax on persons engaged in business of providing rooms for dwelling, lodging, or sleeping purposes to transient guests; exempt accommodations; amendment or repeal of ordinance; tax rate; increase subject to vote of electors in compliance with state constitution and subsection (1).
- § 141.862a. Local unit of government excise tax on persons engaged in business of providing rooms for dwelling, lodging, or sleeping purposes to transient guests; exempt accommodations; amendment or repeal of ordinance; tax rate; subject to vote of electors in compliance with state constitution and subsection (1).
- § 141.863. Mandatory provisions of ordinance.
- § 141.864. Discretionary provisions of ordinance.
- § 141.865. Effective date of ordinance.
- § 141.866. Excise taxes cumulative.
- § 141.867. Deposit and use of revenues.
- § 141.871. Short title.
- § 141.871a. Legislative findings.
- § 141.872. Definitions.
- § 141.873. Marketing program and assessment district; establishment; marketing program notice; filing; contents; exclusion; excise or other tax; copies of notice; list of owners.
- § 141.873a. Marketing program; approval or disapproval; referendum; effective date of marketing program and assessment; filing and serving another marketing program notice.
- § 141.874. Marketing program; contents.
- § 141.875. Transient facility; assessment; computation; payment; reimbursement; agreement to accept payment of assessments; forwarding money; withholding portion of assessment for administrative costs; verification and audit of owner's assessment payments; state use tax returns; unpaid assessments; interest and delinquency charges; suit to collect; assessments as trust funds; notice.