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HomeMy WebLinkAboutResolutions - 1995.06.08 - 24481REPORT (Misc. #95172) June 8, 1995 BY: Finance and Personnel Committee, John McCulloch, Chairperson RE: Board of Commissioners-Oppose HB4378 and HB4379-Eliminate Personal Property Tax TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS Chairperson, Ladies and Gentlemen: The Finance and Personnel Committee, having reviewed the above-referenced General Government Committee resolution on June 1, 1995, reports with the recommendation that the resolution be adopted. Chairperson, on behalf of the Finance Personnel Committee, I move acceptance of the foregoing report. FINANCE/AND PERSONNEL COMMITTEE June 8, 1995 MISCELLANEOUS RESOLUTION #95172 By: General Government Committee - Kay Schmid, Chairperson In Re: BOARD OF COMMISSIONERS - OPPOSE HB4378 AND HB4379 - ELIMINATE PERSONAL PROPERTY TAX To the Oakland County Board of Commissioners Chairperson, Ladies and Gentlemen: WHEREAS Representative Willis Bullard has introduced HB4378, eliminating personal property tax, and HB4379, permitting local assessing units to exempt personal property from the tax rolls; and WHEREAS the Business Caucus of the Personal Property Tax Forum, commissioned by Representative Bullard, has submitted a proposal to phase out the Personal Property Tax over a ten-year period offset by the growth in the general property tax base, and WHEREAS the Personal Property Tax comprises 9.3% of Oakland County's State Equalized Value (SEV), generating almost $13 million in General Fund Tax Revenue; and WHEREAS local units of government throughout Oakland County rely heavily on Personal Property Tax revenue, cities average 11.5% of their tax base and townships 5.5%, generating $32 million and $4 million, respectively; and WHEREAS the rush to eliminate the Personal Property Tax does not take into consideration recent legislative changes improving the business climate in Michigan, e.g., adoption of Proposal A, establishment of the Michigan Economic Growth Authority (MEGA), phase-out of the Intangibles Tax, and changes in Workers' Compensation, Unemployment Compensation, and the Single Business Tax (SBT); and WHEREAS a phase-out proposal with no viable replacement revenue would be devastating to local tax jurisdictions and require a tax shift to residential property owners, reversing the intended impact of Proposal A. NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners opposes enactment of HB4378, eliminating Personal Property Tax, and HB4379, permitting local assessing units to exempt personal property from the tax rolls. BE IT FURTHER RESOLVED that, before any support can be given to change the current Personal Property Tax System, the following prerequiRitps must be met: 1) Objective, empirical, and conclusive evidence must be put forth, by a neutral party such as the Citizen Research Council, clearly documenting that a problem with the economic climate in Michigan truly exists and that elimination of the Personal Property Tax will enhance this State's competitive position in relation to other Great Lakes States. 2) A stable, fair and undeistaadable replacement revenue must be identified, enacted and given constitutional protection for all local units of government impacted by the elimination of the Personal Property Tax, 3) Any proposed substitute for the Personal Property Tax must consider the business community's responsibility for paying for the local public services which it uses. Chairperson, on behalf of the General Government C mittee, I move adoption of the foregoing resoluyi,dh.t move adoption of the foregoing resoluyi,dh. U(,_AIWzt Genrai/Gover'nment -Committee BE IT FURTHER RESOLVED that a certified copy of this resolution be submitted to Oakland County's state legislative delegation and the Governor, the leadership of the state House and Senate, the Michigan Association of Counties, as well as all of Oakland County's local units of government. Kay S4mid, Chairperson Resolution #95172 June 8, 1995 Moved by Schmid supported by Amos the Finance and Personnel Committee Report be accepted. A sufficient majority having voted therefor, the report was accepted. Moved by Schmid riiippn-tpd by Amos the resolution be adopted. (Wolf stated the General Government Committee vote indicated a unanimous vote. The correct vote should show Wolf, Taub, Powers and Law voting "No".) Vote on resolution: AYES: Kaczmar, Kingzett, McPherson, Pernick, Quarles, Schmid, Amos, Crake, Dingeldey, Douglas, Holbert, fluntoon, Jacobs. (13) NAYS: Johnson, Law, McCulloch, Moffitt, Obrecht, Palmer, Powers, Taub, Wolf, Devine, Garfield, Jensen. (12) A sufficient majority having voted therefor, the resolution was adopted. STATE OF MICHIGAN) COUNTY OF OAKLAND) I, Lynn D. Allen, Clerk of the County of Oakland, do hereby certify that the foregoing resolution is a true and accurate copy of a resolution adopted by the Oakland county Board of Commissioners on June 8, 1995 with the original record thereof now remaining in my office. In Testimony Whereof, I have hereunto set my hand and affixed County of Oakland at Pontiac, Michigan this 8th day o4 Julie 19 the seal of the apc Lynn/D.' Allen, County Clerk