Loading chat...

MI HB5472

Bill

Official Source

Status

Introduced

3/13/2012

Primary Sponsor

Wayne Schmidt

Click for details

Origin

House of Representatives

96th Legislature

AI Summary

  • Adds Section 9m to the General Property Tax Act (1893 PA 206)
  • Exempts personal property used to affix stamps to cigarette packages from property tax collection
  • Applies to stamping equipment used pursuant to the Tobacco Products Tax Act, 1993 PA 327 (MCL 205.421 to 205.436)
  • Introduced March 13, 2012 by Representatives Lyons, Zorn, Walsh, Wayne Schmidt, and MacGregor
  • Referred to the Committee on Tax Policy

Legislative Description

Property tax; exemptions; cigarette tax stamping equipment; exempt from personal property tax. Amends 1893 PA 206 (MCL 211.1 - 211.155) by adding sec. 9m.

Property tax, personal property

Last Action

Printed Bill Filed 03/14/2012

3/15/2012

Committee Referrals

Tax Policy3/13/2012

Full Bill Text

No bill text available