SB 1067 - Personal Property Taxes: Continuation of Existing Exemptions for Personal Property - Michigan Key Vote

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Title: Personal Property Taxes: Continuation of Existing Exemptions for Personal Property

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Title: Personal Property Taxes: Continuation of Existing Exemptions for Personal Property

Vote Smart's Synopsis:

Vote to pass a bill that authorizes the continuation of existing personal property tax exemptions for new manufacturing personal property.

Highlights:

  • Specifies that the continuation of the personal property tax exemption will not be applied unless the legislature appropriates the amount of revenue lost to each local taxing unit (Sec. 9).

Title: Personal Property Taxes: Continuation of Existing Exemptions for Personal Property

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