Introduced
by
To revise the requirements for the state to certify an applicant as a qualified personal property examiner. Under current law, a local government must present the state tax commission with satisfactory evidence of an applicant’s education and experience, or the applicant must pass a test conducted by the commission. The bill would eliminate the provision requiring the information to be presented by a local government. It would also cap the fees the commission can charge a local government for a personal property tax audit of the property or the books of corporations, firms, and individuals. The bill is part of proposal to make up a Fiscal Year 2004 revenue shortfall by increasing enforcement and collection of Michigan's personal property tax. The personal property tax is a tax on the tools and equipment that businesses use to provide goods and services. It is assessed and levied in the same manner as regular property taxes on real estate.
Referred to the Committee on Tax Policy
