A bill to amend 1893 PA 206, entitled “The general property tax act,” by amending section 27 (MCL 211.27), as amended by 2022 PA 240.
Amends Michigan's property tax law to exclude up to $100,000 in increased value from major remodeling or renovation of principal residences from property tax assessments until the property is sold, starting with projects completed on or after January 1, 2027.
Co-sponsored by Reps.
Referred to the Committee on Government Operations
