REAL PROPERTY: CREATE WETLAND CLASSIFICATION
House Bill 4938
Sponsor: Rep. John Pappageorge
Committee: Land Use and Environment
Complete to 2-4-02
A SUMMARY OF HOUSE BILL 4938 AS INTRODUCED 6-21-01
Under the General Property Tax Act, a parcel of assessable real property can fall into one of several classifications: agricultural, commercial, developmental, industrial, residential, or timber cutover. House Bill 4938 would add a new classification, wetland real property.
The bill would define wetland real property as including parcels subject to regulation under Part 303 of the Natural Resources and Environmental Protection Act (NREPA). The classification could not be applied to a parcel unless the entire parcel was subject to regulation under Part 303.
MCL 211.34C
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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.