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MI HB4069
Bill
Status
11/13/2019
Primary Sponsor
Bronna Kahle
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AI Summary
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Amends MCL 211.34d regarding property tax assessments and the calculation of taxable value under Michigan's Proposal A tax limitation system
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Establishes definitions and procedures for determining "additions" and "losses" in property value for purposes of calculating millage reduction fractions annually
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Specifies that additions to taxable value include omitted property, new construction, previously exempt property, replacement construction, environmental remediation, and public services improvements
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Clarifies that certain value increases do not constitute additions, including changes from platting, property splits/combinations, and zoning changes
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Effective date: November 15, 2019; contingent upon enactment of Senate Bill No. 47 of the 100th Legislature
Legislative Description
Property tax: assessments; placement of solar panels on residential real property; exclude from assessment of true cash value. Amends sec. 34d of 1893 PA 206 (MCL 211.34d). TIE BAR WITH: SB 0047'19
Energy: alternative sources
Last Action
Assigned Pa 117'19 With Immediate Effect
11/13/2019