A bill to amend 1893 PA 206, entitled “The general property tax act,” by amending section 34d (MCL 211.34d), as amended by 2022 PA 240.
Amends Michigan's property tax law to include increased taxable value after property transfers in the calculation of millage reduction fractions for taxes levied after 2026, potentially impacting property tax limits and local government revenues.
Co-sponsored by Reps.
Referred to the Committee on Government Operations
