Current through Public Act 151 of the 2024 Legislative Session
Section 141.611b - City as qualified local unit of government; dedication and transfer of funds; purposes; use of federal data facility fund; amount; definitions(1) A city that is a qualified local unit of government, as defined by the federal data facility act, may adopt an ordinance or resolution, or may enter into an agreement with a qualified local unit of government other than the city, to dedicate and transfer funds in the 1994 through 2003 tax years in an amount determined pursuant to subsection (3) solely and to the extent necessary for the purposes authorized for the use of the federal data facility fund created by the federal data facility act.(2) If a city adopts an ordinance or resolution or enters into an agreement pursuant to subsection (1), the use or transfer of any funds dedicated or to be transferred shall commence and continue until any bonds, obligations, or other evidences of indebtedness for which the funds are pledged are fully paid or the authorized purpose is otherwise completed but not after the 2003 tax year.(3) The amount dedicated or to be transferred by a city each year pursuant to subsection (1) shall equal the amount of withheld tax remitted by a qualified employer pursuant to section 60, as reconciled pursuant to section 61, for all qualified employees.(4) As used in this section: (a) "Qualified employee" means a person who meets both of the following criteria:(i) Is employed by a qualified employer.(ii) His or her principal workplace is a qualified facility.(b) "Qualified employer" means the federal government.(c) "Qualified facility" and "qualified local unit of government" mean those terms as defined in the federal data facility act.Add. 1993, Act 125, Eff. 1/1/1994 .