PERMIT LOCAL UNITS TO EXEMPT PERSONAL PROPERTY

House Bill 4032

Sponsor: Rep. Andrew Richner

Committee: Tax Policy

Complete to 2-6-01

A SUMMARY OF HOUSE BILL 4032 AS INTRODUCED 1-25-01

The bill would amend the General Property Tax Act to allow the governing body of a local tax collecting unit to exempt, by resolution, all personal property within the unit from the collection of taxes.

MCL 211.9i

Analyst: C. Couch

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This analysis was prepared by nonpartisan House staff for use by House members in their deliberations, and does not constitute an official statement of legislative intent.