2013 Senate Bill 114 / 2014 Public Act 164

Revise commercial rental property assessment occupancy formula

Introduced in the Senate

Jan. 30, 2013

Introduced by Sen. Vincent Gregory (D-14)

To eliminate the use of rental property occupancy rate increases or decreases in determining the taxable value of property. The bill is a response to a 2002 Supreme Court ruling (WPW vs. Troy) which held that the Constitutional tax cap put in place by Proposal A in 1994 capped annual increases in the assessments of commercial property whose assessment had previously been lowered because of high vacancy rates.

Referred to the Committee on Finance

May 28, 2013

Reported without amendment

With the recommendation that the bill pass..

June 13, 2013

Passed in the Senate 37 to 1 (details)

Received in the House

June 13, 2013

Referred to the Committee on Tax Policy

Feb. 26, 2014

Reported without amendment

Without amendment and with the recommendation that the bill pass.

May 22, 2014

Substitute offered by Rep. Jeff Farrington (R-30)

To replace the previous version of the bill with one that revises details but does not change the substance as previously described.

The substitute passed by voice vote

May 27, 2014

Passed in the House 98 to 12 (details)

To eliminate the use of rental property occupancy rate increases or decreases in determining the taxable value of property. The bill is a response to a 2002 Supreme Court ruling (WPW vs. Troy) which held that the Constitutional tax cap put in place by Proposal A in 1994 capped annual increases in the assessments of commercial property whose assessment had previously been lowered because of high vacancy rates.

Received in the Senate

May 28, 2014

June 2, 2014

Passed in the Senate 37 to 1 (details)

Signed by Gov. Rick Snyder

June 12, 2014