Introduced
by
To establish specific procedures, standards, income caps and home value caps for a local government granting the principal residence property tax “poverty exemption” allowed under current law, and automatically grant the exemption to homeowners who met the standards and applied. A local government would be allowed, but not required to adopt an overall asset (net worth) cap, but income caps would be set in state statute and based on federal poverty rates.
Referred to the Committee on Intergovernmental, Urban, and Regional Affairs
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that does not set a uniform state income cap for these tax breaks, but does require local governments to set their own uniform cap, and which allows local governments more discretion in granting the exemptions to an an individual (as under the current law).
The substitute passed by voice vote
Substitute offered
by
To replace the previous version of the bill with one that require assessors to base property tax assessments on transactions during the past year rather than the past three years if this would result in lower assessments, and allow a person who acquires and occupies a homestead for which an exemption was not already on the tax roll before a May 1 deadline to still get the exemption for the year.
The substitute failed by voice vote
Amendment offered
by
To tie-bar the bill to House Joint Resolution LL, meaning this bill cannot become law unless that measure does also. HJR LL would require a property's taxable value to go down if its market value fell.
The amendment failed by voice vote
Amendment offered
by
To tie-bar the bill to House Joint Resolution MM, meaning this bill cannot become law unless that measure does also. HJR MM would revise the Proposal A “pop up” so that the new taxable value of a property that has been sold is adjusted to reflect any changes in the general value of real estate in a jurisdiction.
The amendment failed by voice vote
Amendment offered
by
To also require the approval of the tax review "supervisor" for the affected tax exemptions.
The amendment passed by voice vote
Amendment offered
by
To tie-bar the bill to House Bill 4006, meaning this bill cannot become law unless that one does also. HB 4006 would repeal the “driver responsibility fees” imposed by <a href="http://www.michiganvotes.org/2003-SB-509">Public Act 165 of 2003</a>.
The amendment failed by voice vote
Passed in the House 60 to 44 (details)
To establish specific procedures, standards, income caps and home value caps for a local government granting the principal residence property tax “poverty exemption” allowed under current law. A local government would be allowed, but not required to adopt an overall asset (net worth) cap, and would have to establish and publish income caps based on federal poverty rates. The bill was introduced after a scandal broke regarding Detroit granting these tax breaks to politically well-connected individuals who are not impoverished.
Motion
by
To give the bill immediate effect.
The motion failed 62 to 42 (details)
Referred to the Committee on Finance
