For how long can the increase in limitations be approved by a majority of electors?

The correct answer is based on Michigan's property tax regulations, particularly regarding the approval of increased limitations on property taxes. When a proposal for an increase in property tax limitations is presented, it must receive approval from a majority of electors participating in the election. Under Michigan law, such increases can be approved for a maximum period of 20 years. This allows municipalities the flexibility to secure the necessary funding for various services while also providing a limit on the duration of the approved increase, ensuring that it is revisited after 20 years for potential renewal or reassessment based on the community's needs and situation at that time.

This 20-year period is a critical aspect of property tax administration as it balances the need for funding with the taxpayers' right to vote on significant increases in their property tax burden. Understanding this time frame is vital for anyone studying Michigan's property tax laws and administration practices.