2017 House Bill 5086 / 2018 Public Act 247

Revise "personal property tax" details

Introduced in the House

Oct. 11, 2017

Introduced by Rep. David Maturen (R-63)

To revise many details and formulas in a mechanism created by a 2014 legislative package 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

Nov. 1, 2017

Reported without amendment

With the recommendation that the substitute (H-1) be adopted and that the bill then pass.

Dec. 12, 2017

Passed in the House 108 to 1 (details)

Received in the Senate

Dec. 13, 2017

Referred to the Committee on Finance

May 24, 2018

Reported without amendment

With the recommendation that the substitute (S-1) be adopted and that the bill then pass.

June 7, 2018

Passed in the Senate 36 to 0 (details)

To revise many details and formulas in a mechanism created by a 2014 legislative package 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.

Received in the House

June 7, 2018

June 12, 2018

Passed in the House 108 to 1 (details)

To concur with the Senate-passed version of the bill.

Signed by Gov. Rick Snyder

June 27, 2018