Bill Text: MI HB5495 | 2013-2014 | 97th Legislature | Introduced

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Bill Title: Property tax; exemptions; vacant property; grant local units authority to exempt and impose specific tax. Amends 1893 PA 206 (MCL 211.1 - 211.155) by adding sec. 7tt. TIE BAR WITH: HB 5496'14

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2014-05-01 - Printed Bill Filed 05/01/2014 [HB5495 Detail]

Download: Michigan-2013-HB5495-Introduced.html

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HOUSE BILL No. 5495

 

April 30, 2014, Introduced by Rep. Schor and referred to the Committee on Tax Policy.

 

     A bill to amend 1893 PA 206, entitled

 

"The general property tax act,"

 

(MCL 211.1 to 211.155) by adding section 7tt.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 7tt. (1) The governing body of a local tax collecting

 

unit may adopt a resolution to exempt from the collection of taxes

 

under this act all eligible real property in 1 or more zones within

 

that local tax collecting unit identified in the resolution. A zone

 

identified in the resolution may encompass the entire local tax

 

collecting unit. If the resolution identifies more than 1 zone

 

within the local tax collecting unit, the zones are not required to

 

be contiguous.

 

     (2) The clerk of the local tax collecting unit shall notify in

 

writing the assessor of the local tax collecting unit and the

 

legislative body of each taxing unit that levies ad valorem

 

property taxes in the local tax collecting unit before acting on

 

the resolution.

 

     (3) The governing body of the local tax collecting unit shall

 

afford the assessor and a representative of the affected taxing

 

units an opportunity for a hearing before acting on the resolution.

 

     (4) The exemption under this section is effective on the

 

December 31 immediately succeeding the adoption of the resolution

 

by the governing body of the local tax collecting unit and shall

 

continue in effect for a period specified in the resolution.

 

     (5) Eligible real property exempt under this section is

 

subject to the specific tax levied under the land value specific

 

tax act.

 

     (6) As used in this section, "eligible real property" means

 

real property that meets all of the following conditions:

 

     (a) Is classified as commercial real property or industrial

 

real property under section 34c.

 

     (b) Has no buildings or other improvements located on that

 

real property.

 

     Enacting section 1. This amendatory act does not take effect

 

unless Senate Bill No. ____ or House Bill No. 5496 (request no.

 

03145'13 a) of the 97th Legislature is enacted into law.