MI HB5547

Amends section 7cc of the General Property Tax Act to require the Department of Treasury to make available affidavit forms and rescission forms on the same combined form for claiming and rescinding principal residence property tax exemptions.

Changes the language from forms "may" be on the same form to forms "shall" be on the same form, making combined exemption and rescission forms mandatory rather than optional.

Requires closing statement preparers to provide these combined affidavit and rescission forms to buyers and sellers at property closings and to file them with local tax collecting units upon request.

Allows buyers to appeal to the Department of Treasury within 30 days if a closing preparer fails to record the exemption, with the department able to grant the exemption and correct tax rolls if the buyer qualifies.