NOTICE OF CHANGE IN PROPERTY ASSESSMENTS

House Bill 5077 as introduced

Sponsor:  Rep. Kurt Heise

Committee:  Tax Policy

Complete to 2-8-16

SUMMARY:

The bill would amend the General Property Tax Act to require the notice to taxpayers of changes in their property assessments (both state equalized valuation and taxable value) and the date of the meeting of the local board of review be mailed to taxpayers at least 30 days before the board of review meets, instead of at least 14 days, as is now required.

MCL 211,24c

FISCAL IMPACT:

As written, the bill should have no revenue impact on the state or local units of government.

                                                                                        Legislative Analyst:   Chris Couch

                                                                                                Fiscal Analyst:   Jim Stansell

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