MI SB0698

Personal property temporarily relocated due to COVID-19 pandemic must be assessed at its ordinary location instead of the alternate location for tax years 2021 and 2022 only.

Ordinary location is defined as where the property would have been located for primary use absent the pandemic, evidenced by business locations where property was usually deployed or its location on December 31, 2019.

Applies to both taxable and exempt personal property, overriding contrary provisions in sections 13(1) and 14(1) of the tax code.

Took effect immediately upon approval by the Governor on December 23, 2021, and filing with the Secretary of State on December 27, 2021.