Introduced
by
To repeal a property tax exemption on leased residential water softeners, and office and home water coolers. This is one of a number of “tax expenditure repeal” proposals included in Gov. Jennifer Granholm’s Fiscal Year 2007-2008 budget recommendation, which is based on approximately $1 billion in tax increases. It would increase the taxes paid by citizens approximately $500,000.
Referred to the Committee on Finance