Bill Text: MI SB0766 | 2011-2012 | 96th Legislature | Introduced

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Bill Title: Property tax; personal property; new personal property purchased after December 31, 2012; exempt. Amends 1893 PA 206 (MCL 211.1 - 211.155) by adding sec. 9l.

Spectrum: Partisan Bill (Republican 8-0)

Status: (Introduced - Dead) 2011-10-20 - Referred To Committee On Finance [SB0766 Detail]

Download: Michigan-2011-SB0766-Introduced.html

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SENATE BILL No. 766

 

 

October 20, 2011, Introduced by Senators BRANDENBURG, JANSEN, GREEN, ROBERTSON, MARLEAU, KOWALL, HUNE and NOFS and referred to the Committee on Finance.

 

 

 

     A bill to amend 1893 PA 206, entitled

 

"The general property tax act,"

 

(MCL 211.1 to 211.155) by adding section 9l.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 9l. Beginning December 31, 2012, new personal property is

 

exempt from the collection of taxes under this act. As used in this

 

section, "new personal property" means personal property that was

 

not subject to or exempt from the collection of taxes under this

 

act before December 31, 2012.