HOUSE BILL No. 5110


     September 30, 1997, Introduced by Reps. Profit, Palamara, LaForge and Cassis and referred to the Committee on Tax Policy.


        A bill to amend 1893 PA 206, entitled

   "The general property tax act,"

   by amending section 10e (MCL 211.10e), as added by 1986 PA 223.

               THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 1         Sec. 10e.  (1) All assessing officials  ,  whose duty it is

 2    to assess real or personal property on which  real or personal 

 3    property taxes are levied by any taxing unit of  the  THIS state

 4     ,  shall use only the official assessor's manual or  any  A

 5    manual approved by the state tax commission  ,  consistent with

 6    the official assessor's manual, TOGETHER with  their  THE latest

 7    supplements, as prepared or approved by the state tax commission

 8    as a guide in preparing assessments.  Beginning with the tax

 9     assessing year 1978, all 

10         (2) ALL assessing officials shall maintain records relevant

11    to the assessments, including appraisal record cards, personal


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 1    property records, historical assessment data, tax maps, and land

 2    value maps consistent with standards set forth in the OFFICIAL

 3    assessor's manual.  published by the state tax commission. 

 4         (3) NOT LATER THAN DECEMBER 31, 1997 AND EACH YEAR AFTER

 5    1997, THE STATE TAX COMMISSION SHALL ANNUALLY REVIEW THE PERSONAL

 6    PROPERTY DEPRECIATION TABLES SET FORTH IN THE OFFICIAL ASSESSOR'S

 7    MANUAL AND, IF NECESSARY, REVISE THE PERSONAL PROPERTY DEPRECIA-

 8    TION TABLES TO ACCURATELY REFLECT THE MARKET VALUE OF THE PER-

 9    SONAL PROPERTY TO BE DEPRECIATED.






































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