2012 Senate Bill 1060

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Introduced in the Senate

March 29, 2012

Introduced by Sen. Darwin Booher (R-35)

To revise the formula used to calculate the property tax “recapture rate” assessed when productive forestland is withdrawn from <a href="http://www.michiganvotes.org/2005-SB-912">a program</a> granting property tax exemptions. The change would have the effect of lowering the amount of this recapture payment. See also Senate Bills 1058 and 1059.

Referred to the Committee on Natural Resources, Environment, and Great Lakes

June 12, 2012

Reported without amendment

With the recommendation that the bill pass.

Sept. 20, 2012

Passed in the Senate 38 to 0 (details)

Received in the House

Sept. 20, 2012

Referred to the Committee on Natural Resources, Tourism, and Outdoor Recreation