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MI SB1153
Bill
Status
12/18/2020
Primary Sponsor
Peter MacGregor
Click for details
AI Summary
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Exempts new personal property comprising fully automated consumer goods handling systems from property tax collection beginning January 1, 2021.
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Applies the exemption only to systems that occupy at least 190,000 square feet of a facility owned, leased, or used by a wholesaler.
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Defines "fully automated consumer goods handling system" as supply chain optimization machinery, equipment, repair or replacement parts, and software that separate, sort, temporarily store, recombine, and assemble palletized units of consumer goods.
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Takes immediate effect upon enactment.
Legislative Description
Property tax: exemptions; tax exemption for personal property comprising certain consumer goods handling systems; provide for. Amends 1893 PA 206 (MCL 211.1 - 211.155) by adding sec. 9h.
Trade: consumer goods and services
Last Action
Pocket Veto 01/04/2021
12/30/2020