A bill to amend 1893 PA 206, entitled “The general property tax act,” by amending section 27a (MCL 211.27a), as amended by 2016 PA 375.
The bill amends property tax assessment rules in Michigan, detailing how taxable values are calculated and adjusted, specifying conditions for non-taxable transfers, and defining responsibilities for reporting property ownership changes.
Co-sponsored by Reps.
Referred to the Committee on Finance
Reported without amendment
1. Amend page 9, line 1, after “granddaughter” by inserting a comma and “or is a trust for which the
transferor or transferor’s spouse is the settlor and the sole present beneficiary or beneficiaries are the settlor’s or settlor’s spouse’s mother, father, brother, sister, son, daughter, adopted son, adopted
daughter, grandson, or granddaughter,”.
2. Amend page 9, line 3, after “transferee” by inserting “or sole present beneficiary or beneficiaries, as the case may be,”.
3. Amend page 9, line 4, after “transferee” by striking out “meets” and inserting “or sole present beneficiary or beneficiaries meet”.
4. Amend page 9, line 5, after “transferee” by inserting “or present beneficiary”.
5. Amend page 9, line 7, after “transferee” by inserting “or present beneficiary”.
The amendment passed by voice vote
Passed in the House 97 to 11 (details)
Motion to give immediate effect
by
The motion prevailed by voice vote
