Mich. Comp. Laws § 280.475

Current through Public Act 39 of the 2024 Legislative Session
Section 280.475 - Statutory or charter tax limitations inapplicable; rate or amount of taxes

Taxes levied by a public corporation for the payment of assessments hereunder shall not be deemed to be within any statutory or charter tax limitation. A public corporation may impose taxes without limitation as to rate or amount for the payment of the assessments in anticipation of which bonds are issued, which taxes shall be in addition to any taxes that the public corporation may otherwise be authorized to levy but not more than the rate or amount sufficient therefor.

MCL 280.475

1956, Act 40, Imd. Eff. 3/28/1956 ;--Am. 1959, Act 77, Imd. Eff. 6/29/1959 ;--Am. 1973, Act 208, Imd. Eff. 1/11/1974.