MI HB5008

Exempts eligible energy conversion devices from property tax collection under Michigan's general property tax act

Applies to small-scale solar, wind, geothermal, biomass, or water energy conversion devices with nameplate generating capacity not exceeding 150 kilowatts

Covers devices with installation completed after the bill's effective date and before January 1, 2016, or wind energy devices on residential property installed after December 31, 2007 and before January 1, 2016

Requires eligible devices to meet standards prescribed by the Michigan next energy authority or, for biomass devices, standards in chapter 85 of the federal Clean Air Act with EPA certification

Excludes standard heating, cooling, or electric supply system components that would be needed regardless of energy source, and limits water devices to groundwater heat pumps or low-head hydroelectric systems