HB 6337 Summary

• Amends Michigan's general property tax act to expand the definition of "eligible business" to include businesses engaged primarily in health care services, effective on the bill's enactment date.

• Allows health care service businesses to qualify for personal property tax exemptions on new equipment and property located in eligible districts, subject to the same conditions and written agreement requirements as other eligible businesses.

• Makes conforming changes to statutory language by replacing "shall continue" with "continues" and "shall remain" with "remains" in subsections (2), (6), (7), and (9) to improve grammar.

• Requires businesses claiming exemptions to deliver combined documents to local assessors annually indicating that new personal property qualifies as eligible personal property under the exemption.

• Maintains existing requirements for local assessing districts and Next Michigan development corporations to enter written agreements with businesses containing remedy provisions, including exemption revocation and repayment obligations for violations.