On Wednesday, September 18 at 12:30 pm the Senate Finance Committee is taking up the first bills to address unresolved issues in the personal property tax legislation.  Senate Bills 489 and 490 address the small parcel exemption (those tax payers who have less than $80,000 true cash value in a tax collect unit) and the process for claiming the exemption.

The League has been actively working with the administration, legislature and other stakeholders to address the outstanding issues in the legislation, and these bills are reflective of the work of the drafting group.

Bills have not yet been introduced to address other outstanding issues including the legality of the essential services assessment and how the legislation will address tax capture districts. Those discussions have been productive in the work group, and we’re anticipating that legislation in the coming months.

We are hearing the legislation could pass the full Senate next week and be taken up by the House the following week.

Samantha Harkins is the Director of State Affairs for the Michigan Municipal League.  She can be reached at 517-908-0306 or email at sharkins@mml.org