SB 570 Summary

• Modifies filing deadlines and procedures for claiming personal property tax exemptions under sections 9m, 9n, and 9o, changing the annual filing deadline to February 20 for combined documents and statements claiming exemptions.

• Allows late filings of exemption claims directly with the March board of review before final adjournment if not filed by the February 20 deadline, with appeals to the Michigan tax tribunal within 35 days of denial.

• Establishes that notices from assessing officers regarding personal property statements must inform taxpayers of available exemptions under sections 9m, 9n, and 9o and explain where to find exemption forms and requirements.

• Requires assessors to transmit filed exemption documents and rescission affidavits to the Michigan Department of Treasury by April 1 each year in forms prescribed by the department.

• Authorizes electronic filing and electronic/facsimile signatures for property tax exemption statements and combined documents.

• Effective December 31, 2017, contingent upon passage of Senate Bills 571, 572, and 573.