Introduced
by
To require counties to collect all future property tax payments in the summer only, beginning in 2004, thereby requiring taxpayers to pay county taxes five months earlier. The additional revenue realized by collecting taxes earlier will replace state revenue sharing payments to counties for the next several years. This is part of Gov. Granholm’s Fiscal Year 2005 budget recommendation.
Referred to the Committee on Finance
Substitute offered
To replace the previous version of the bill with one that phases in the earlier tax collection date over three years. In 2005, 1/3 of county property taxes will be collected in July instead of December. In 2006, 2/3 will be collected early, and in 2007 all of the tax will be collected early.
The substitute passed by voice vote
Passed in the Senate 23 to 12 (details)
To require counties to collect all future property tax payments in the summer only, beginning in 2004, thereby requiring taxpayers to pay county taxes five months earlier. The $183 million in additional revenue realized by collecting property taxes early will be used to replace state revenue sharing payments to counties for the next several years.
Referred to the Committee on Appropriations
Amendment offered
by
To make the early tax collection optional for counties.
The amendment failed by voice vote
Passed in the House 55 to 51 (details)
To require counties to collect all future property tax payments in the summer only, beginning in 2004, thereby requiring taxpayers to pay county taxes five months earlier. The $183 million in additional revenue realized by collecting property taxes early will be used to replace state revenue sharing payments to counties for the next several years.
