Economic development: tax increment financing; tax capture districts; exempt certain special millages.
Property tax: millage; matching state grant program for certain local millages; create. Creates new act. TIE BAR WITH: HB 4351'23
Property tax: exemptions; electric vehicle charging stations; exempt. Amends secs. 27 & 34d of 1893 PA 206 (MCL 211.27 & 211.34d) & adds sec. 7yy.
Property tax: exemptions; personal property constituting certain hydrogen fuel pumps; exempt. Amends secs. 27 & 34d of 1893 PA 206 (MCL 211.27 & 211.34d) & adds sec. 9q.
Property tax: other; locally adopted cap on a local unit’s own authority to levy a property tax millage; prohibit. Amends 1893 PA 206 (MCL 211.1 - 211.155) by adding sec. 34f.
Property tax: appeals; process for appealing certain assessment-related disputes as to certain property; amend. Amends sec. 34 of 1893 PA 206 (MCL 211.34) & adds secs. 34f & 34g.
Transportation: authorities; public transportation authority millages; modify, and end the ability of political subdivisions to opt out of membership in public transportation authorities. Amends secs. 8, 18 & 29 of 1986 PA 196 (MCL 124.458 et seq.).
Economic development: brownfield redevelopment authority; tax capture by brownfield redevelopment authorities; exempt certain special millages.
Property tax: exemptions; exemption of certain property located in land equity cities under certain circumstances; provide for. Amends secs. 2, 78a & 89b of 1893 PA 206 (MCL 211.2 et seq.) & adds sec. 7yy. TIE BAR WITH: HB 4966'23
Property tax: assessments; determination of taxable value; modify. Amends sec. 27a of 1893 PA 206 (MCL 211.27a).