House Passes Local Option Tax Exemption for Former School Properties

Yesterday the House passed House Bill 4121, a bill that as passed would allow local units of government to exempt property purchased from a school district from real property taxes for five years.

The legislation would automatically exempt these properties unless the local unit of government passes a resolution to place them back on the tax rolls.

The bill now goes to the Senate for consideration.

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