A bill to amend 1893 PA 206, entitled “The general property tax act,” by amending section 27a (MCL 211.27a), as amended by 2016 PA 375.
Senate Bill No. 819 clarifies and expands Michigan's property tax rules regarding transfers of ownership, particularly for interspousal and family transfers, to ensure consistent and fair application of taxable value adjustments and to correct recent judicial misinterpretations.
Co-sponsored by Sens.
Referred to the Committee on Finance, Insurance, and Consumer Protection