Michigan § 141.905 - Definitions.

Full text of Michigan Michigan Compiled Laws § 141.905 — Definitions., with citation guidance and answers to common questions.

§ 141.905. Definitions.

Sec. 5.(1)

"Local tax effort rate" for a city, village, or township means its local taxes divided by its taxable value.

(2)

"Statewide tax effort rate" means the total local taxes in the state divided by the total taxable value.

(3)

"Relative tax effort rate" means the local tax effort rate for a city, village, or township divided by the statewide tax effort rate.

(4)

"Tax effort formula" means the method for computing, from the total amount of revenue available for distribution under the formula at any single time, the amount to be paid to a city, village, or township determined as follows:

(a)

Multiply the relative tax effort for the city, village, or township by the population of the city, village, or township.

(b)

Divide the total amount of revenue available for distribution under the formula at any single time by the sum of the products determined under subdivision (a).

(c)

Multiply the quotient determined under subdivision (b) by the individual products determined under subdivision (a) for each city, village, or township.

(5)

"Taxable value" means that value determined under section 27a of the general property tax act, Act No. 206 of the Public Acts of 1893, being section 211.27a of the Michigan Compiled Laws.

Frequently Asked Questions About Michigan § 141.905

What does Michigan Compiled Laws § 141.905 cover?

Section 141.905 ("Definitions.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Michigan § 141.905?

A common citation format is "Michigan Compiled Laws § 141.905" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Michigan law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.

How does Michigan § 141.905 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.