March 13, 2013, Introduced by Reps. Lyons and Foster and referred to the Committee on Tax Policy.
A bill to amend 1993 PA 331, entitled
"State education tax act,"
by amending section 3 (MCL 211.903), as amended by 2011 PA 318.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 3. (1) Beginning in 1994, except as otherwise provided in
subsections
(2), and (3), and (4), there is levied a
state
education tax on all property not exempt by law from ad valorem
property taxes or not subject to a tax under 1905 PA 282, MCL 207.1
to 207.21, at a rate of 6 mills.
(2) In 2003 only, there is levied a state education tax on all
property not exempt by law from ad valorem property taxes or not
subject to a tax under 1905 PA 282, MCL 207.1 to 207.21, at the
rate of 5 mills.
(3) For taxes levied after December 31, 2007, the following
property is exempt from the tax levied under this act:
(a) Except as otherwise provided in subdivision (b), personal
property classified under section 34c of the general property tax
act, 1893 PA 206, MCL 211.34c, as industrial personal property.
(b) Beginning December 31, 2011, a turbine powered by gas,
steam, nuclear energy, coal, or oil the primary purpose of which is
the generation of electricity for sale is not eligible for the
exemption under this subsection.
(4) For taxes levied after December 31, 2013, real property is
exempt from the tax levied under this act.