Bill Text: MI SB0883 | 2011-2012 | 96th Legislature | Introduced

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Bill Title: Property tax; personal property; taxation of personal property; eliminate for purchases after January 1, 2012. Amends 1893 PA 206 (MCL 211.1 - 211.155) by adding sec. 9l.

Spectrum: Partisan Bill (Republican 3-0)

Status: (Introduced - Dead) 2011-12-14 - Referred To Committee On Finance [SB0883 Detail]

Download: Michigan-2011-SB0883-Introduced.html

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SENATE BILL No. 883

 

December 14, 2011, Introduced by Senators HILDENBRAND, NOFS and ROBERTSON 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.