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MI SB1218
Bill
AI Summary
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Adds public bridge facilities used by concessionaires to the list of exceptions from taxation on lessees and users of tax-exempt real property
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Defines "concessionaire," "public bridge facility," and "public-private agreement" as those terms defined in section 5k of the home rule city act (MCL 117.5k)
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Applies specifically to public bridge facilities used by concessionaires pursuant to public-private agreements entered into with a city
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Effective March 24, 2021, contingent upon enactment of Senate Bills 1215 and 1217 from the 100th Legislature
Legislative Description
Property tax: assessments; exceptions to taxation of lessees or users of tax-exempt real property; include a public bridge facility used by a concessionaire. Amends sec. 1 of 1953 PA 189 (MCL 211.181). TIE BAR WITH: SB 1217'20, SB 1215'20
Property tax: exemptions
Last Action
Assigned Pa 0356'20
12/30/2020