A bill to amend 1893 PA 206, entitled “The general property tax act,” by amending section 7gg (MCL 211.7gg), as amended by 2023 PA 91.
Senate Bill No. 484 expands and extends property tax exemptions for properties managed or sold by land banks and foreclosing governmental units, with certain exceptions, to promote redevelopment and community revitalization.
Introduced
by
Referred to the Committee on Housing and Human Services