Bill > SB0315

This bill amends the Michigan Revised School Code to expand the powers and financial options of school districts, with a particular focus on allowing school districts to use sinking funds and bond proceeds to acquire, construct, and maintain housing for public school employees. Specifically, the bill adds provisions that enable school districts to purchase real estate, construct buildings, and acquire equipment and furnishings for housing public school employees. The legislation provides tax exemptions for such employee housing properties and allows school districts to use sinking fund taxes (which are voter-approved property tax levies) to finance the acquisition and development of employee housing facilities. Additionally, the bill updates the definition of permissible uses for sinking funds to include transportation-related expenses and employee housing, and clarifies that property used for housing public school employees will not be considered a private use that could jeopardize the property's tax-exempt status. These changes aim to help school districts address potential challenges in recruiting and retaining teachers by providing more flexible options for creating employee housing solutions.

Education

https://legislature.mi.gov/Bills/Bill?ObjectName=2025-SB-0315