A bill to amend 1893 PA 206, entitled “The general property tax act,” by amending section 7kk (MCL 211.7kk), as amended by 2014 PA 456.
Senate Bill No. 442 streamlines and centralizes the property tax exemption process for nonprofit housing organizations, extends exemption periods, and broadens eligibility to include families earning up to 120% of the statewide median income, thereby supporting expanded access to affordable housing.
Co-sponsored by Sens.
Referred to the Committee on Housing and Human Services
