MI HB6053

Department shall make available electronic assessment statements to eligible claimants by May 1 each year, derived from combined documents filed under the general property tax act.

Eligible claimants must electronically certify completed statements and pay the full assessment by August 15 each year, with statements not subject to disclosure under the Freedom of Information Act.

Late payments due after August 15 incur a penalty of 3% per month on the unpaid balance (maximum 27%), with the first-year penalty waived if full payment is made by September 15.

Failure to pay in full by April 15 of the following year results in rescission of property tax exemptions and issuance of amended tax bills for previously unbilled taxes, penalties, and interest.

Department shall conduct annual audits of filed statements and amended statements; audit assessments must be paid within 35 days and are subject to rescission provisions if unpaid; appeals to Michigan tax tribunal are permitted within specified timeframes.