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MI SB0697

Bill

Official Source

Status

Passed

12/31/2014

Primary Sponsor

Thomas Casperson

Click for details

Origin

Senate

97th Legislature

AI Summary

  • Amends the 1893 Michigan Property Tax Act (MCL 211.1 to 211.155) by adding section 7uu
  • Exempts real and personal property owned by nonprofit street railways from the general property tax act provisions
  • Takes effect only if Senate Bill No. 696 of the 97th Legislature is enacted into law
  • Becomes effective immediately upon enactment

Legislative Description

Property tax; exemptions; property owned by nonprofit street railway; exempt from general property tax act. Amends 1893 PA 206 (MCL 211.1 - 211.155) by adding sec. 7tt. TIE BAR WITH: SB 0696'13

Property tax, exemptions

Last Action

Assigned Pa 0488'14 With Immediate Effect

12/31/2014

Committee Referrals

Transportation And Infrastructure6/12/2014
Transportation11/14/2013

Full Bill Text

No bill text available