Overview of 2020 Local Community Stabilization Authority Act (LCSA Act) Amendments
May 18, 2021 | By Local Community Stabilization Authority (LCSA) |
On October 15, 2020, Governor Whitmer signed into law 2020 Public Acts 194, 195, 196, 197, and 198. These acts made several changes to the LCSA Act and the calculation of personal property tax (PPT) reimbursements.
This communication from the Department of Treasury outlines these changes.