Bill Text: MI SB0697 | 2013-2014 | 97th Legislature | Enrolled
Bill Title: Property tax; exemptions; property owned by nonprofit street railway; exempt from general property tax act. Amends 1893 PA 206 (MCL 211.1 - 211.155) by adding sec. 7tt. TIE BAR WITH: SB 0696'13
Spectrum: Bipartisan Bill
Status: (Passed) 2014-12-31 - Assigned Pa 0488'14 With Immediate Effect [SB0697 Detail]
Download: Michigan-2013-SB0697-Enrolled.html
STATE OF MICHIGAN
97TH LEGISLATURE
REGULAR SESSION OF 2014
Introduced by Senators Casperson, Smith, Young, Ananich, Moolenaar and Richardville
ENROLLED SENATE BILL No. 697
AN ACT to amend 1893 PA 206, entitled “An act to provide for the assessment of rights and interests, including leasehold interests, in property and the levy and collection of taxes on property, and for the collection of taxes levied; making those taxes a lien on the property taxed, establishing and continuing the lien, providing for the sale or forfeiture and conveyance of property delinquent for taxes, and for the inspection and disposition of lands bid off to the state and not redeemed or purchased; to provide for the establishment of a delinquent tax revolving fund and the borrowing of money by counties and the issuance of notes; to define and limit the jurisdiction of the courts in proceedings in connection with property delinquent for taxes; to limit the time within which actions may be brought; to prescribe certain limitations with respect to rates of taxation; to prescribe certain powers and duties of certain officers, departments, agencies, and political subdivisions of this state; to provide for certain reimbursements of certain expenses incurred by units of local government; to provide penalties for the violation of this act; and to repeal acts and parts of acts,” (MCL 211.1 to 211.155) by adding section 7uu.
The People of the State of Michigan enact:
Sec. 7uu. This act does not apply to real or personal property owned by a nonprofit street railway.
Enacting section 1. This amendatory act does not take effect unless Senate Bill No. 696 of the 97th Legislature is enacted into law.
This act is ordered to take immediate effect.
Secretary of the Senate
Clerk of the House of Representatives
Approved
Governor
