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Mackinac Center for Public Policy
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2013 Senate Bill 511: Revise property tax assessment detail
  1. Introduced by Sen. Tom Casperson (R) on September 18, 2013, to establish that in assessing a property’s value for property tax purposes, “if the existing use is financially feasible and is more profitable than modification or redevelopment,” then it should be considered the “highest and best use of the property” and used to determine the true cash value.
    • Referred to the Senate Finance Committee on September 18, 2013.

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