SENATE BILL No. 1435

 

 

September 30, 2004, Introduced by Senators SCHAUER and GEORGE and referred to the Committee on Commerce and Labor.

 

 

        

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                 A bill to amend 1893 PA 206, entitled                                             

                                                                                

    "The general property tax act,"                                             

                                                                                

    by amending section 7n (MCL 211.7n), as amended by 1981 PA 212.             

                                                                                

                THE PEOPLE OF THE STATE OF MICHIGAN ENACT:                      

                                                                                

1       Sec. 7n.  (1) Real  estate  or personal property owned and                  

                                                                                

2   occupied by a nonprofit theater, library, or educational  ,  or             

                                                                                

3   scientific  institutions incorporated under the laws of this                

                                                                                

4   state  institution with the buildings and other property thereon            

                                                                                

5   while occupied by  them  the nonprofit theater, library, or                 

                                                                                

6   educational or scientific institution solely for the purposes for           

                                                                                

7   which the  institutions were  institution was incorporated is               

                                                                                

8   exempt from  taxation  the collection of taxes under this act.              

                                                                                

9   In addition, real estate                                                   

                                                                                

10      (2) Real or personal property owned and occupied by a                       

                                                                                

11  nonprofit organization  organized under the laws of this state              

                                                                                


                                                                                

1   devoted exclusively to fostering the development of literature,             

                                                                                

2   music, painting, or sculpture  which  that substantially enhances           

                                                                                

3   the cultural environment of a community as a whole, is available            

                                                                                

4   to the general public on a regular basis, and is occupied by  it            

                                                                                

5   the nonprofit organization solely for the purposes for which the            

                                                                                

6   nonprofit organization was incorporated is exempt from  taxation            

                                                                                

7   the collection of taxes under this act.                                     

                                                                                

8       (3) As used in this section, property shall be considered                   

                                                                                

9   occupied by a nonprofit theater, library, educational or                    

                                                                                

10  scientific institution, or nonprofit organization if that                   

                                                                                

11  property is undergoing construction or renovation in order to               

                                                                                

12  accommodate the purposes for which the nonprofit theater,                   

                                                                                

13  library, educational or scientific institution, or nonprofit                

                                                                                

14  organization was incorporated.