Loading chat...
MI HB6243
Bill
Status
9/22/2020
Primary Sponsor
Jon Hoadley
Click for details
AI Summary
-
Waives penalties and interest on 2020 summer property taxes for qualified businesses that receive loans under the Michigan small business property tax loan program.
-
Applies to all penalties or interest otherwise imposed under the General Property Tax Act for nonpayment, including those under sections 44a(6), 78a(3), and 78g(3).
-
Defines "qualified business" by reference to section 88s of the Michigan Strategic Fund Act and businesses receiving loans under that program.
-
Takes effect only if Senate Bill No. ____ or House Bill No. 6242 is enacted into law.
Legislative Description
Property tax: payment and collection; interest and penalties for late payment of 2020 summer property taxes; waive for a qualified business. Amends 1893 PA 206 (MCL 211.1 - 211.155) by adding sec. 44e.
Property tax: payment and collection
Last Action
Bill Electronically Reproduced 09/22/2020
9/23/2020