Legislation watch
Mackinac Center for Public Policy
Capitol Building

2013 House Bill 4121: Give five-year tax break to buyers of school property
  1. Introduced by Rep. Bill Rogers (R) on January 29, 2013, to give owners of property purchased from a public school district a five year property tax exemption.
    • Referred to the House Tax Policy Committee on January 29, 2013.
      • Reported in the House on March 6, 2013, with the recommendation that the substitute (H-1) be adopted and that the bill then pass.
    • Substitute offered in the House on October 10, 2013, to adopt a version of the bill that allows any local tax-collecting unit (including local governments, taxing authorities, taxing "districts," etc.) to opt out of providing the exemption. The substitute passed by voice vote in the House on October 10, 2013.
    • Amendment offered by Rep. Bill Rogers (R) on October 10, 2013, to specify procedures for local tax-collecting units to opt out of providing the proposed exemption. The amendment passed by voice vote in the House on October 10, 2013.
  2. Passed 62 to 44 in the House on October 15, 2013, to give owners of property purchased from a public school district a five year property tax exemption. Local tax-collecting units (including local governments, taxing authorities, taxing "districts," etc.) could opt out of providing the exemption.
    Who Voted "Yes" and Who Voted "No"

  3. Received in the Senate on October 16, 2013.
    • Referred to the Senate Finance Committee on October 16, 2013.
      • Reported in the Senate on October 31, 2013, with the recommendation that the bill pass.

Comments

Re: 2013 House Bill 4121 (Exempt property bought from school district from property tax )  by GH-UpNorth on February 5, 2013 
It appears to be a bill that would make it easier for schools to raise cash by selling property... it is an idea with merit. However, I think certain restrictions and controls need to be written into the bill to prevent the use of this legislation simply as a tax dodge. How long does the property need to be owned by the school before the sale would qualify for the 5 year tax exemption? If someone transfered (donated) valuable property to a school and shortly thereafter purchased it back from the school at a low price, would that person receive a 5 year exemption? My point is that whenever an attractive tax exemption advantage exists, there will be those who will try, somehow, to manipulate it to their advantage, and laws should exist to prevent unintended abuses.

2013 House Bill 4121 (Exempt property bought from school district from property tax )  by admin on February 5, 2013 
Introduced in the House on January 29, 2013

Click here to view bill details.