Property tax: other; locally adopted cap on a local unit’s own authority to levy a property tax millage; prohibit. Amends 1893 PA 206 (MCL 211.1 - 211.155) by adding sec. 34f.

This bill prohibits local governments in Michigan, such as counties, cities, and townships, from creating rules that automatically lower their property tax rates when revenue collection hits a specific dollar limit. It declares any existing local rules with such automatic reductions invalid and requires those governments to stop enforcing them immediately. The law specifically targets self-imposed limits on tax revenue that would force a drop in the tax rate, while leaving other state or constitutional tax restrictions unchanged.