MI HB6054

Department must provide eligible claimants with electronic assessment statements by May 1 each year, developed from information submitted on combined documents required by the General Property Tax Act.

Eligible claimants must electronically certify and pay the full assessment by August 15; first-time filers have penalties waived if payment is made by September 15.

Late payments after August 15 incur a 3% monthly penalty on the unpaid balance (maximum 27%) with full payment due by April 15 of the following year.

Failure to pay in full by April 15 or discovery that property is ineligible triggers rescission of exemptions granted under the General Property Tax Act and extended industrial facilities exemptions, with amended tax bills issued within 60 days.

Department may audit statements for the current year and three preceding years; audit assessments must be paid within 35 days and include penalties and interest, with claimants able to appeal to the Michigan Tax Tribunal within 35 days of issuance.