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MI SB0941
Bill
Status
6/26/2024
Primary Sponsor
Rosemary Bayer
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AI Summary
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Clarifies that a "nonprofit charitable institution" means a Michigan nonprofit corporation exempt from taxation under section 501(c)(3) of the Internal Revenue Code of 1986.
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Replaces gender-specific pronouns with gender-neutral language in provisions regarding chief executive officer principal residences and property occupied by nonprofit charitable institutions.
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Changes "pursuant to" to "under" in reference to community colleges established under the state constitution.
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Specifies "January 10, 2007" as the operative date instead of "the effective date of the amendatory act" for determining property tax exemption status of nonprofit corporations providing services to disabled persons.
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Adds "of 1986" to clarify the relevant Internal Revenue Code section for 501(c)(3) tax-exempt status determination.
Legislative Description
Property tax: other; nonprofit charitable institution status; clarify. Amends sec. 7o of 1893 PA 206 (MCL 211.7o).
Property tax: other
Last Action
Referred To Committee On Finance, Insurance, And Consumer Protection
6/26/2024