2017 Senate Bill 359 / Public Act 42

Revise "personal property tax" details

Introduced in the Senate

May 2, 2017

Introduced by Sen. Dave Hildenbrand (R-29)

To revise procedures, timetables and deadlines in the complex system of exemptions and subsidies on local property taxes levied on business tools and equipment (called the “personal property tax”), which was enacted in an effort to phase out this tax by a <a href=" http://www.legislature.mi.gov/documents/2011-2012/billanalysis/Senate/pdf/2011-SFA-1065-N.pdf">2012 legislative package</a>.

Referred to the Committee on Finance

May 16, 2017

Reported without amendment

With the recommendation that the substitute (S-1) be adopted and that the bill then pass.

Passed in the Senate 37 to 0 (details)

Received in the House

May 16, 2017

Referred to the Committee on Tax Policy

May 17, 2017

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Signed by Gov. Rick Snyder

May 23, 2017

In the House

May 24, 2017

Passed in the House 100 to 7 (details)

To revise procedures, timetables and deadlines in the complex system of exemptions and subsidies on local property taxes levied on business tools and equipment (called the “personal property tax”), which was enacted in an effort to phase out this tax by a <a href=" http://www.legislature.mi.gov/documents/2011-2012/billanalysis/Senate/pdf/2011-SFA-1065-N.pdf">2012 legislative package</a>.