Bill Text: MI HB6374 | 2021-2022 | 101st Legislature | Introduced
Bill Title: Property tax: exemptions; property tax exemption for personal property comprising reverse vending machines; provide for. Amends 1893 PA 206 (MCL 211.1 - 211.155) by adding sec. 9q.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Introduced - Dead) 2022-09-15 - Bill Electronically Reproduced 09/14/2022 [HB6374 Detail]
Download: Michigan-2021-HB6374-Introduced.html
HOUSE BILL NO. 6374
A bill to amend 1893 PA 206, entitled
"The general property tax act,"
(MCL 211.1 to 211.155) by adding section 9q.
the people of the state of michigan enact:
Sec. 9q. (1) Beginning December 31, 2022, personal property comprising a reverse vending machine is exempt from the collection of taxes under this act.
(2) As used in this section, "reverse vending machine" means a device designed to properly identify and process empty beverage containers and provide a means for a deposit refund on returnable containers.