2025 Senate Bill 565 / Public Act 27

Property tax: exemptions; fund from which municipalities are reimbursed for certain revenue lost due to the small business property tax exemption; modify to require that unused funds lapse to the general fund.

An act to amend 2000 PA 489, entitled “An act to create certain funds; to provide for the allocation of certain revenues among certain funds and for the operation, investment, and expenditure of certain funds; and to impose certain duties and requirements on certain state officials,” by amending section 3a (MCL 12.253a), as added by 2023 PA 174.

Official record

Introduced in the Senate

Sept. 18, 2025

Introduced by Sen. Sarah Anthony (D-21)

Referred to the Committee on Appropriations

Sept. 25, 2025

Discharged from committee

Referred to the Committee of the Whole

Reported without amendment

Passed in the Senate 19 to 16 (details)

Received in the House

Sept. 26, 2025

Referred to the Committee on Appropriations

Received in the Senate

Oct. 3, 2025

Motion to give immediate effect by Sen. Sam Singh (D-28)

The motion prevailed by voice vote