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  • “Personal Property Tax”

2023 House Bill 4338

Property tax: personal property; small business personal property tax exemption; modify.

Mackinac Center Analysis

Increases the exemption of a business’s personal property from property taxes to $360,000 from the current $100,000 exemption. Businesses are subject to property taxes based not just on the value of their land and buildings, but on the value of their inventory, supplies and equipment.

2023 House Bill 4208

Property tax: exemptions; eligible broadband equipment; exempt from personal property tax.

2022 House Bill 6374

Revise tax treatment of bottle-deposit law vendor equipment

2022 House Bill 6373

Revise tax treatment of bottle-deposit law vendor equipment

2022 Senate Bill 1062

Revise local taxation of business tools and equipment

2022 Senate Bill 1061

Revise local taxation of business tools and equipment

2022 Senate Bill 1060

Revise local taxation of business tools and equipment

2022 Senate Bill 956

Revise taxation of wholesaler automated goods handling systems

2022 House Bill 5702

Repeal property taxes on business tools and equipment (“personal property tax”)

2022 House Bill 5697

Authorize confidentiality in some Tax Tribunal cases