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MI SB1031
Bill
AI Summary
- Exempts qualified utility personal property from taxes under the General Property Tax Act
- Defines qualified utility personal property as utility personal property described in section 34c(3)(e)(i), (vi), and (vii)
- Requires qualified utility personal property to have been initially installed in Michigan after December 31, 2017
- Exemption applies only to personal property meeting both the utility property definition and the installation date requirement
Legislative Description
Property tax; exemptions; exemption for utility personal property; provide for. Amends 1893 PA 206 (MCL 211.1 - 211.155) & adds sec. 9p.
Property tax: exemptions
Last Action
Referred To Committee Of The Whole
6/6/2018
Committee Referrals
Finance5/29/2018
Full Bill Text
No bill text available