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2015 Senate Bill 651: Revise forest property tax breaks

Public Act 260 of 2016

Introduced by Sen. Darwin Booher (R) on December 9, 2015
To establish and revise procedures for entering or transferring property to or from one government program that gives property tax breaks to owners of large commercial forest properties to another program that gives tax breaks to owners of smaller forested parcels. This is part of a package comprised of Senate Bills 651 to 653 that would create a “transitional qualified forest property specific tax”.   Official Text and Analysis.
Referred to the Senate Natural Resources Committee on December 9, 2015
Reported in the Senate on February 4, 2016
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Passed 37 to 0 in the Senate on February 18, 2016.
    See Who Voted "Yes" and Who Voted "No".
(same description)
To establish and revise procedures for entering or transferring property to or from one government program that gives property tax breaks to owners of large commercial forest properties to another program that gives tax breaks to owners of smaller forested parcels. This is part of a package comprised of Senate Bills 651 to 653 that would create a “transitional qualified forest property specific tax”.
Received in the House on February 18, 2016
Referred to the House Tax Policy Committee on February 18, 2016
Reported in the House on May 25, 2016
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Amendment offered by Rep. Jeff Farrington (R) on June 7, 2016
To clarify some specific details of the proposed procedures.
The amendment passed by voice vote in the House on June 7, 2016
Passed 104 to 4 in the House on June 8, 2016.
    See Who Voted "Yes" and Who Voted "No".
(same description)
To establish and revise procedures for entering or transferring property to or from one government program that gives property tax breaks to owners of large commercial forest properties to another program that gives tax breaks to owners of smaller forested parcels. This is part of a package comprised of Senate Bills 651 to 653 that would create a “transitional qualified forest property specific tax”.
Received in the Senate on June 9, 2016
Signed by Gov. Rick Snyder on June 23, 2016

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