A bill to amend 1893 PA 206, entitled “The general property tax act,” by amending sections 27 and 34d (MCL 211.27 and 211.34d), as amended by 2022 PA 240, and by adding section 7yy.
House Bill 4708 would amend the General Property Tax Act to exempt qualified charging stations from property taxes that are levied after December 31, 2023. Under the bill, local assessors would be required to exclude any increase in the true cash value of a property that results from the installation, replacement, or repair of one or more qualified charging stations. However, any relevant increase in value would need to be indicated on the assessment roll.
Co-sponsored by Reps.
Referred to the Committee on Tax Policy
