2013 Senate Bill 372 / Public Act 162

Exclude certain farm property sales from property tax assessment basis

Introduced in the Senate

May 21, 2013

Introduced by Sen. Bruce Caswell (R-16)

To require tax assessors to exclude sales of certain agricultural property that will be used by the new owner for non-agricultural use from the “sales ratio studies” that determine the property tax assessments for other farm property.

Referred to the Committee on Finance

Oct. 1, 2013

Reported without amendment

With the recommendation that the bill pass.

Oct. 3, 2013

Passed in the Senate 37 to 0 (details)

Received in the House

Oct. 3, 2013

Referred to the Committee on Agriculture

Oct. 23, 2013

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Oct. 31, 2013

Passed in the House 103 to 4 (details)

To require tax assessors to exclude sales of certain agricultural property that will be used by the new owner for non-agricultural use from the “sales ratio studies” that determine the property tax assessments for other farm property.

Signed by Gov. Rick Snyder

Nov. 12, 2013