2017 Senate Bill 380 / Public Act 102

Revise "personal property tax" details

Introduced in the Senate

May 16, 2017

Introduced by Sen. Dave Hildenbrand (R-29)

To revise dates and formulas 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 18, 2017

Reported without amendment

With the recommendation that the bill pass.

May 24, 2017

Passed in the Senate 38 to 0 (details)

Received in the House

May 24, 2017

Referred to the Committee on Tax Policy

June 7, 2017

Reported without amendment

Without amendment and with the recommendation that the bill pass.

June 20, 2017

Passed in the House 105 to 2 (details)

To revise dates and formulas 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>.

Signed by Gov. Rick Snyder

July 13, 2017