A bill to amend 1893 PA 206, entitled “The general property tax act,” by amending section 34 (MCL 211.34), as amended by 1986 PA 105, and by adding sections 34f and 34g.
The bill proposes amendments to the 1893 PA 206, "The General Property Tax Act." It aims to revise and add sections to mandate annual county board meetings for determining equalized values for state submission, outline millage rate adjustments, and specify county board roles in equalizing assessments to reflect true cash value. The bill introduces a county board of revision for high-value properties, with its decisions appealable to the circuit court, and details the appeals process to the tax tribunal, including tribunal authority over county equalizations. The tribunal's revisions are reported to the county board and, if applicable, the board of education. The county board of revision, consisting of three qualified members, is established with guidelines for operation and appeals, including petitioner eligibility and filing fees. The bill also specifies procedures for informal preliminary meetings and formal hearings by the county board of revision, including evidence presentation, mediation options, and the presumption of assessment roll validity unless proven otherwise by the petitioner. Additionally, it outlines the hearing process, decision-making criteria, and the appeal process to the circuit court, ensuring decisions are based on competent evidence and correct valuation principles. This comprehensive approach seeks to enhance fairness and uniformity in property tax assessment and equalization across the state.
Introduced
by
Referred to the Committee on Finance, Insurance, and Consumer Protection
