Introduced
by
To revise the formula used to calculate the property tax “recapture rate” assessed when productive forestland is withdrawn from <a href="http://www.michiganvotes.org/2005-SB-912">a program</a> granting property tax exemptions to owners of smaller "non-industrial" sized parcels of forestland, with the rate depending on whether timber has been harvested on the property. See also House Bills 4069 and 4320.
Referred to the Committee on Natural Resources
Reported without amendment
With the recommendation that the substitute (H-2) be adopted and that the bill then pass.
Substitute offered
The substitute passed by voice vote
Passed in the House 95 to 15 (details)
Referred to the Committee on Natural Resources, Environment, and Great Lakes
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 38 to 0 (details)
To revise the formula used to calculate the property tax “recapture rate” assessed when productive forestland is withdrawn from <A href="http://www.michiganvotes.org/2005-SB-912">a program</A> granting property tax exemptions to owners of smaller "non-industrial" sized parcels of forestland, with the rate depending on whether timber has been harvested on the property. See also House Bills 4069 and 4320.
