Senate Bill No. 1553 amends existing laws concerning early voting and municipal revenue sharing. It specifically excludes April 20, 2025, from the early voting period prior to special elections and presidential preference primaries, replacing the previously designated date of March 31, 2024. The bill establishes that early voting will begin five days before and end two days prior to the election, while also excluding the specified date and any legal holidays. Additionally, it introduces new definitions related to municipal spending, clarifying that expenditures for debt service and special education will not be included in the calculation of municipal spending. The bill also suspends the spending cap on the municipal revenue sharing account, allowing for more flexible fund distribution to municipalities and enabling them to apply for early disbursement of grants for specific fiscal years.

Moreover, the bill addresses property tax grants for municipalities and districts, particularly focusing on motor vehicle property tax grants. It stipulates that municipalities with mill rates exceeding 32.46 mills will receive grants based on the difference in property taxes that would have been levied on motor vehicles if the mill rate was set at 32.46 mills. It also mandates that municipalities disburse these grants to districts within fifteen days of receipt. The bill modifies municipal revenue sharing grants, ensuring that municipalities with a mill rate of 25 or above receive the higher of a per capita or pro rata distribution, while those below 25 will receive the lesser amount. Additionally, it clarifies the definition of "mill rate" and updates the certification process for municipalities regarding budget expenditures, while deleting certain provisions related to municipal spending exclusions to enhance clarity and compliance.

Statutes affected:
New Bill: 4-66l
Public Act No. 25-3: 4-66l