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MI SB1380
Bill
Status
6/9/2010
Primary Sponsor
Michael Switalski
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AI Summary
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Amends the Natural Resources and Environmental Protection Act (1994 PA 451) section 2152 to modify Department of Natural Resources reporting requirements to the State Tax Commission.
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Department shall furnish the State Tax Commission with a list of all state-owned real property acquired by purchase on or after January 1, 1933, including the Mason game farm, showing all property descriptions.
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Exempts from the reporting requirement real property purchased on or after October 1, 2010 using funds from the Michigan Natural Resources Trust Fund established in the state constitution.
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Creates an exemption so properties purchased with Natural Resources Trust Fund monies after October 1, 2010 are not included in the list provided to the State Tax Commission for payment in lieu of taxes (PILT) purposes.
Legislative Description
Property tax; other; PILT payments; eliminate for purchases of state owned land via the natural resources trust fund. Amends sec. 2152 of 1994 PA 451 (MCL 324.2152).
State agencies (existing), natural resources
Last Action
Referred To Committee On Natural Resources And Environmental Affairs
6/9/2010