SENATE BILL NO. 1308


   September 17, 1998, Introduced by Senators JAYE and SHUGARS and
        referred to the Committee on Finance.



        A bill to amend 1893 PA 206, entitled

   "The general property tax act,"

   (MCL 211.1 to 211.157) by adding section 7gg.

               THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 1         SEC. 7GG.  PROPERTY OWNED BY A PERSON WHO IS 61 YEARS OLD OR

 2    OLDER IS EXEMPT FROM TAXES COLLECTED UNDER THIS ACT THAT ARE

 3    LEVIED UNDER THE REVISED SCHOOL CODE, 1976 PA 451, MCL 380.1 TO

 4    380.1852, OR THE COMMUNITY COLLEGE ACT OF 1966, 1966 PA 331, MCL

 5    389.1 TO 389.195, INCLUDING, BUT NOT LIMITED TO, TAXES LEVIED FOR

 6    OPERATING PURPOSES OR DEBT REDUCTION.












   06689'98          Final page.                            FDD