2016 House Bill 6029

Revise "personal property tax" details

Introduced in the House

Nov. 9, 2016

Introduced by Rep. Holly Hughes (R-91)

To revise details of a mechanism created by a <a href=" http://www.legislature.mi.gov/documents/2011-2012/billanalysis/Senate/pdf/2011-SFA-1065-N.pdf">2012 legislative package</a> enacted to distribute some state use tax revenue to local governments, which would replace revenue they lose due to reductions in the "personal property tax" imposed on business tools and equipment.

Referred to the Committee on Tax Policy