Comments on this legislation    Post new comment    Text and Analysis    Add to Watch List 
  Previous   Next 

• Introduced by Rep. Rick Jones (R) on March 20, 2007, to establish that real property acquired by a government employee retirement system and held for investment purposes is not exempt from property taxes. Committee testimony revealed that this was triggered by the Municipal Employees Retirement System of Michigan ownership of land in Delta Township, Ingham County.
  • Referred to the House Tax Policy Committee on March 20, 2007.
    • Reported in the House on September 24, 2008, with the recommendation that the substitute (H-1) be adopted and that the bill then pass.