April 21, 2005, Introduced by Senators OLSHOVE, CHERRY, JACOBS, KUIPERS, BERNERO, CLARK-COLEMAN, JELINEK, SCOTT, GOSCHKA and ALLEN and referred to the Committee on Finance.
A bill to amend 1893 PA 206, entitled
"The general property tax act,"
by amending section 7cc (MCL 211.7cc), as amended by 2003 PA 247.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 7cc. (1) A principal residence is exempt from the tax
levied by a local school district for school operating purposes to
the extent provided under section 1211 of the revised school code,
1976 PA 451, MCL 380.1211, if an owner of that principal residence
claims an exemption as provided in this section. Notwithstanding
the tax day provided in section 2, the status of property as a
principal residence shall be determined on the date an affidavit
claiming an exemption is filed under subsection (2).
(2) An owner of property may claim an exemption under this
section by filing an affidavit on or before May 1 with the local
tax collecting unit in which the property is located. An owner of
property who is absent from his or her principal residence while
under the care of another person may claim an exemption under this
section for his or her principal residence if that owner does not
claim an exemption for other property under this section, does not
rent his or her principal residence for more than 2 weeks per year,
and files the affidavit required under this section.
(3) The affidavit required under this section shall state that
the property is owned and occupied as a principal residence by that
owner of the property on the date that the affidavit is signed. The
affidavit shall be on a form prescribed by the department of
treasury. One copy of the affidavit shall be retained by the owner,
1 copy shall be retained by the local tax collecting unit until any
appeal or audit period under this act has expired, and 1 copy shall
be
forwarded to the department of treasury pursuant to subsection
(4)
(5), together with all
information submitted under subsection
(26)
(27) for a cooperative
housing corporation. The affidavit
shall require the owner claiming the exemption to indicate if that
owner or that owner's spouse has claimed another exemption on
property in this state that is not rescinded or a substantially
similar exemption, deduction, or credit on property in another
state that is not rescinded. If the affidavit requires an owner to
include a social security number, that owner's number is subject to
the disclosure restrictions in 1941 PA 122, MCL 205.1 to 205.31. If
an owner of property filed an affidavit for an exemption under this
section before January 1, 2004, that affidavit shall be considered
the affidavit required under this subsection for a principal
residence exemption and that exemption shall remain in effect until
rescinded as provided in this section.
(4) (3)
A husband and wife who are
required to file or who
do file a joint Michigan income tax return are entitled to not more
than 1 exemption under this section. For taxes levied after
December 31, 2002, a person is not entitled to an exemption under
this section if any of the following conditions occur:
(a) That person has claimed a substantially similar exemption,
deduction, or credit on property in another state that is not
rescinded.
(b) Subject to subdivision (a), that person or his or her
spouse owns property in a state other than this state for which
that person or his or her spouse claims an exemption, deduction, or
credit substantially similar to the exemption provided under this
section, unless that person and his or her spouse file separate
income tax returns.
(c) That person has filed a nonresident Michigan income tax
return, except active duty military personnel stationed in this
state with his or her principal residence in this state.
(d) That person has filed an income tax return in a state
other than this state as a resident, except active duty military
personnel stationed in this state with his or her principal
residence in this state.
(e) That person has previously rescinded an exemption under
this section for the same property for which an exemption is now
claimed and there has not been a transfer of ownership of that
property after the previous exemption was rescinded, if either of
the following conditions is satisfied:
(i) That person has claimed an exemption under this section for
any other property for that tax year.
(ii) That person has rescinded an exemption under this section
on other property, which exemption remains in effect for that tax
year, and there has not been a transfer of ownership of that
property.
(5) (4)
Upon receipt of an affidavit filed
under subsection
(2) and unless the claim is denied under this section, the assessor
shall exempt the property from the collection of the tax levied by
a local school district for school operating purposes to the extent
provided under section 1211 of the revised school code, 1976 PA
451, MCL 380.1211, as provided in subsection (1) until December 31
of the year in which the property is transferred or is no longer a
principal residence as defined in section 7dd. The local tax
collecting unit shall forward copies of affidavits to the
department of treasury according to a schedule prescribed by the
department of treasury.
(6) (5)
Not more than 90 days after
exempted property is no
longer used as a principal residence by the owner claiming an
exemption, that owner shall rescind the claim of exemption by
filing with the local tax collecting unit a rescission form
prescribed by the department of treasury. An owner who fails to
file a rescission as required by this subsection is subject to a
penalty of $5.00 per day for each separate failure beginning after
the 90 days have elapsed, up to a maximum of $200.00. This penalty
shall be collected under 1941 PA 122, MCL 205.1 to 205.31, and
shall be deposited in the state school aid fund established in
section 11 of article IX of the state constitution of 1963. This
penalty may be waived by the department of treasury.
(7) (6)
If the assessor of the local tax
collecting unit
believes that the property for which an exemption is claimed is not
the principal residence of the owner claiming the exemption, the
assessor may deny a new or existing claim by notifying the owner
and the department of treasury in writing of the reason for the
denial and advising the owner that the denial may be appealed to
the residential and small claims division of the Michigan tax
tribunal within 35 days after the date of the notice. The assessor
may deny a claim for exemption for the current year and for the 3
immediately preceding calendar years. If the assessor denies an
existing claim for exemption, the assessor shall remove the
exemption of the property and, if the tax roll is in the local tax
collecting unit's possession, amend the tax roll to reflect the
denial and the local treasurer shall within 30 days of the date of
the denial issue a corrected tax bill for any additional taxes with
interest at the rate of 1.25% per month or fraction of a month and
penalties computed from the date the taxes were last payable
without interest or penalty. If the tax roll is in the county
treasurer's possession, the tax roll shall be amended to reflect
the denial and the county treasurer shall within 30 days of the
date of the denial prepare and submit a supplemental tax bill for
any additional taxes, together with interest at the rate of 1.25%
per month or fraction of a month and penalties computed from the
date the taxes were last payable without interest or penalty.
Interest on any tax set forth in a corrected or supplemental tax
bill shall again begin to accrue 60 days after the date the
corrected or supplemental tax bill is issued at the rate of 1.25%
per month or fraction of a month. Taxes levied in a corrected or
supplemental tax bill shall be returned as delinquent on the March
1 in the year immediately succeeding the year in which the
corrected or supplemental tax bill is issued. If the assessor
denies an existing claim for exemption, the interest due shall be
distributed
as provided in subsection (23) (24). However, if the
property has been transferred to a bona fide purchaser before
additional taxes were billed to the seller as a result of the
denial of a claim for exemption, the taxes, interest, and penalties
shall not be a lien on the property and shall not be billed to the
bona fide purchaser, and the local tax collecting unit if the local
tax collecting unit has possession of the tax roll or the county
treasurer if the county has possession of the tax roll shall notify
the department of treasury of the amount of tax due, interest, and
penalties through the date of that notification. The department of
treasury shall then assess the owner who claimed the exemption
under this section for the tax, interest, and penalties accruing as
a result of the denial of the claim for exemption, if any, as for
unpaid taxes provided under 1941 PA 122, MCL 205.1 to 205.31, and
shall deposit any tax or penalty collected into the state school
aid fund and shall distribute any interest collected as provided in
subsection
(23) (24). The denial shall be made on a form
prescribed by the department of treasury. If the property for which
the assessor has denied a claim for exemption under this subsection
is located in a county in which the county treasurer or the county
equalization director have elected to audit exemptions under
subsection
(10) (11), the assessor shall notify the county
treasurer or the county equalization director of the denial under
this subsection.
(8) (7)
If the assessor of the local tax
collecting unit
believes that the property for which the exemption is claimed is
not the principal residence of the owner claiming the exemption and
has not denied the claim, the assessor shall include a
recommendation for denial with any affidavit that is forwarded to
the department of treasury or, for an existing claim, shall send a
recommendation for denial to the department of treasury, stating
the reasons for the recommendation.
(9) (8)
The department of treasury shall
determine if the
property is the principal residence of the owner claiming the
exemption. The department of treasury may review the validity of
exemptions for the current calendar year and for the 3 immediately
preceding calendar years. If the department of treasury determines
that the property is not the principal residence of the owner
claiming the exemption, the department shall send a notice of that
determination to the local tax collecting unit and to the owner of
the property claiming the exemption, indicating that the claim for
exemption is denied, stating the reason for the denial, and
advising the owner claiming the exemption of the right to appeal
the determination to the department of treasury and what those
rights of appeal are. The department of treasury may issue a notice
denying a claim if an owner fails to respond within 30 days of
receipt of a request for information from that department. An owner
may appeal the denial of a claim of exemption to the department of
treasury within 35 days of receipt of the notice of denial. An
appeal to the department of treasury shall be conducted according
to the provisions for an informal conference in section 21 of 1941
PA 122, MCL 205.21. Within 10 days after acknowledging an appeal of
a denial of a claim of exemption, the department of treasury shall
notify the assessor and the treasurer for the county in which the
property is located that an appeal has been filed. Upon receipt of
a notice that the department of treasury has denied a claim for
exemption, the assessor shall remove the exemption of the property
and, if the tax roll is in the local tax collecting unit's
possession, amend the tax roll to reflect the denial and the local
treasurer shall within 30 days of the date of the denial issue a
corrected tax bill for any additional taxes with interest at the
rate of 1.25% per month or fraction of a month and penalties
computed from the date the taxes were last payable without interest
and penalty. If the tax roll is in the county treasurer's
possession, the tax roll shall be amended to reflect the denial and
the county treasurer shall within 30 days of the date of the denial
prepare and submit a supplemental tax bill for any additional
taxes, together with interest at the rate of 1.25% per month or
fraction of a month and penalties computed from the date the taxes
were last payable without interest or penalty. Interest on any tax
set forth in a corrected or supplemental tax bill shall again begin
to accrue 60 days after the date the corrected or supplemental tax
bill is issued at the rate of 1.25% per month or fraction of a
month. Taxes levied in a corrected or supplemental tax bill shall
be returned as delinquent on the March 1 in the year immediately
succeeding the year in which the corrected or supplemental tax bill
is issued. If the department of treasury denies an existing claim
for exemption, the interest due shall be distributed as provided in
subsection
(23) (24). However, if the property has been
transferred to a bona fide purchaser before additional taxes were
billed to the seller as a result of the denial of a claim for
exemption, the taxes, interest, and penalties shall not be a lien
on the property and shall not be billed to the bona fide purchaser,
and the local tax collecting unit if the local tax collecting unit
has possession of the tax roll or the county treasurer if the
county has possession of the tax roll shall notify the department
of treasury of the amount of tax due and interest through the date
of that notification. The department of treasury shall then assess
the owner who claimed the exemption under this section for the tax
and interest plus penalty accruing as a result of the denial of the
claim for exemption, if any, as for unpaid taxes provided under
1941 PA 122, MCL 205.1 to 205.31, and shall deposit any tax or
penalty collected into the state school aid fund and shall
distribute
any interest collected as provided in subsection (23)
(24).
(10) (9)
The department of treasury may
enter into an
agreement regarding the implementation or administration of
subsection
(8) (9) with the assessor of any local tax collecting
unit in a county that has not elected to audit exemptions claimed
under
this section as provided in subsection (10) (11).
The
agreement may specify that for a period of time, not to exceed 120
days, the department of treasury will not deny an exemption
identified by the department of treasury in the list provided under
subsection
(11) (12).
(11) (10)
A county may elect to audit the
exemptions
claimed under this section in all local tax collecting units
located in that county as provided in this subsection. The election
to audit exemptions shall be made by the county treasurer, or by
the county equalization director with the concurrence by resolution
of the county board of commissioners. The initial election to audit
exemptions shall require an audit period of 2 years. Subsequent
elections to audit exemptions shall be made every 2 years and shall
require 2 annual audit periods. An election to audit exemptions
shall be made by submitting an election to audit form to the
assessor of each local tax collecting unit in that county and to
the department of treasury not later than October 1 in the year in
which an election to audit is made. The election to audit form
required under this subsection shall be in a form prescribed by the
department of treasury. If a county elects to audit the exemptions
claimed under this section, the department of treasury may continue
to
review the validity of exemptions as provided in subsection (8)
(9). If a county does not elect to audit the exemptions claimed
under this section as provided in this subsection, the department
of treasury shall conduct an audit of exemptions claimed under this
section in the initial 2-year audit period for each local tax
collecting unit in that county unless the department of treasury
has entered into an agreement with the assessor for that local tax
collecting
unit under subsection (9) (10).
(12) (11)
If a county elects to audit the
exemptions
claimed
under this section as provided in subsection (10) (11)
and the county treasurer or his or her designee or the county
equalization director or his or her designee believes that the
property for which an exemption is claimed is not the principal
residence of the owner claiming the exemption, the county treasurer
or his or her designee or the county equalization director or his
or her designee may deny an existing claim by notifying the owner,
the assessor of the local tax collecting unit, and the department
of treasury in writing of the reason for the denial and advising
the owner that the denial may be appealed to the residential and
small claims division of the Michigan tax tribunal within 35 days
after the date of the notice. The county treasurer or his or her
designee or the county equalization director or his or her designee
may deny a claim for exemption for the current year and for the 3
immediately preceding calendar years. If the county treasurer or
his or her designee or the county equalization director or his or
her designee denies an existing claim for exemption, the county
treasurer or his or her designee or the county equalization
director or his or her designee shall direct the assessor of the
local tax collecting unit in which the property is located to
remove the exemption of the property from the assessment roll and,
if the tax roll is in the local tax collecting unit's possession,
direct the assessor of the local tax collecting unit to amend the
tax roll to reflect the denial and the treasurer of the local tax
collecting unit shall within 30 days of the date of the denial
issue a corrected tax bill for any additional taxes with interest
at the rate of 1.25% per month or fraction of a month and penalties
computed from the date the taxes were last payable without interest
and penalty. If the tax roll is in the county treasurer's
possession, the tax roll shall be amended to reflect the denial and
the county treasurer shall within 30 days of the date of the denial
prepare and submit a supplemental tax bill for any additional
taxes, together with interest at the rate of 1.25% per month or
fraction of a month and penalties computed from the date the taxes
were last payable without interest or penalty. Interest on any tax
set forth in a corrected or supplemental tax bill shall again begin
to accrue 60 days after the date the corrected or supplemental tax
bill is issued at the rate of 1.25% per month or fraction of a
month. Taxes levied in a corrected or supplemental tax bill shall
be returned as delinquent on the March 1 in the year immediately
succeeding the year in which the corrected or supplemental tax bill
is issued. If the county treasurer or his or her designee or the
county equalization director or his or her designee denies an
existing claim for exemption, the interest due shall be distributed
as
provided in subsection (23) (24). However, if the property has
been transferred to a bona fide purchaser before additional taxes
were billed to the seller as a result of the denial of a claim for
exemption, the taxes, interest, and penalties shall not be a lien
on the property and shall not be billed to the bona fide purchaser,
and the local tax collecting unit if the local tax collecting unit
has possession of the tax roll or the county treasurer if the
county has possession of the tax roll shall notify the department
of treasury of the amount of tax due and interest through the date
of that notification. The department of treasury shall then assess
the owner who claimed the exemption under this section for the tax
and interest plus penalty accruing as a result of the denial of the
claim for exemption, if any, as for unpaid taxes provided under
1941 PA 122, MCL 205.1 to 205.31, and shall deposit any tax or
penalty collected into the state school aid fund and shall
distribute
any interest collected as provided in subsection (23)
(24). The department of treasury shall annually provide the county
treasurer or his or her designee or the county equalization
director or his or her designee a list of parcels of property
located in that county for which an exemption may be erroneously
claimed. The county treasurer or his or her designee or the county
equalization director or his or her designee shall forward copies
of the list provided by the department of treasury to each assessor
in each local tax collecting unit in that county within 10 days of
receiving the list.
(13) (12)
If a county elects to audit
exemptions claimed
under
this section as provided in subsection (10) (11),
the
county treasurer or the county equalization director may enter into
an agreement with the assessor of a local tax collecting unit in
that county regarding the implementation or administration of this
section. The agreement may specify that for a period of time, not
to exceed 120 days, the county will not deny an exemption
identified by the department of treasury in the list provided under
subsection
(11) (12).
(14) (13)
An owner may appeal a denial by
the assessor of
the
local tax collecting unit under subsection (6) (7), a
final
decision
of the department of treasury under subsection (8) (9),
or a denial by the county treasurer or his or her designee or the
county equalization director or his or her designee under
subsection
(11) (12) to the residential and small claims division
of the Michigan tax tribunal within 35 days of that decision. An
owner is not required to pay the amount of tax in dispute in order
to appeal a denial of a claim of exemption to the department of
treasury or to receive a final determination of the residential and
small claims division of the Michigan tax tribunal. However,
interest at the rate of 1.25% per month or fraction of a month and
penalties shall accrue and be computed from the date the taxes were
last payable without interest and penalty. If the residential and
small claims division of the Michigan tax tribunal grants an
owner's appeal of a denial and that owner has paid the interest due
as
a result of a denial under subsection (6), (8), or (11) (7),
(9), or (12), the interest received after a distribution was made
under
subsection (23) (24) shall be refunded.
(15) (14)
For taxes levied after December 31, 2005,
for
each county in which the county treasurer or the county
equalization director does not elect to audit the exemptions
claimed
under this section as provided in subsection (10) (11),
the department of treasury shall conduct an annual audit of
exemptions claimed under this section for the current calendar
year.
(16) (15)
An affidavit filed by an owner for
the exemption
under this section rescinds all previous exemptions filed by that
owner for any other property. The department of treasury shall
notify the assessor of the local tax collecting unit in which the
property for which a previous exemption was claimed is located that
the previous exemption is rescinded by the subsequent affidavit.
When an exemption is rescinded, the assessor of the local tax
collecting unit shall remove the exemption effective December 31 of
the year in which the affidavit was filed that rescinded the
exemption. For any year for which the rescinded exemption has not
been removed from the tax roll, the exemption shall be denied as
provided in this section. However, interest and penalty shall not
be imposed for a year for which a rescission form has been timely
filed
under subsection (5) (6).
(17) (16)
If the principal residence is part
of a unit in a
multiple-unit dwelling or a dwelling unit in a multiple-purpose
structure, an owner shall claim an exemption for only that portion
of the total taxable value of the property used as the principal
residence of that owner in a manner prescribed by the department of
treasury. If a portion of a parcel for which the owner claims an
exemption is used for a purpose other than as a principal
residence, the owner shall claim an exemption for only that portion
of the taxable value of the property used as the principal
residence of that owner in a manner prescribed by the department of
treasury.
(18) (17)
When a county register of deeds
records a
transfer of ownership of a property, he or she shall notify the
local tax collecting unit in which the property is located of the
transfer.
(19) (18)
The department of treasury shall
make available
the affidavit forms and the forms to rescind an exemption, which
may be on the same form, to all city and township assessors, county
equalization officers, county registers of deeds, and closing
agents. A person who prepares a closing statement for the sale of
property shall provide affidavit and rescission forms to the buyer
and seller at the closing and, if requested by the buyer or seller
after execution by the buyer or seller, shall file the forms with
the local tax collecting unit in which the property is located. If
a closing statement preparer fails to provide exemption affidavit
and rescission forms to the buyer and seller, or fails to file the
affidavit and rescission forms with the local tax collecting unit
if requested by the buyer or seller, the buyer may appeal to the
department of treasury within 30 days of notice to the buyer that
an exemption was not recorded. If the department of treasury
determines that the buyer qualifies for the exemption, the
department of treasury shall notify the assessor of the local tax
collecting unit that the exemption is granted and the assessor of
the local tax collecting unit or, if the tax roll is in the
possession of the county treasurer, the county treasurer shall
correct the tax roll to reflect the exemption. This subsection does
not create a cause of action at law or in equity against a closing
statement preparer who fails to provide exemption affidavit and
rescission forms to a buyer and seller or who fails to file the
affidavit and rescission forms with the local tax collecting unit
when requested to do so by the buyer or seller.
(20) (19)
An owner who owned and occupied a
principal
residence on May 1 for which the exemption was not on the tax roll
may file an appeal with the July board of review or December board
of review in the year for which the exemption was claimed or the
immediately succeeding 3 years. If an appeal of a claim for
exemption that was not on the tax roll is received not later than 5
days prior to the date of the December board of review, the local
tax collecting unit shall convene a December board of review and
consider the appeal pursuant to this section and section 53b.
(21) (20)
If the assessor or treasurer of
the local tax
collecting unit believes that the department of treasury
erroneously denied a claim for exemption, the assessor or treasurer
may submit written information supporting the owner's claim for
exemption to the department of treasury within 35 days of the
owner's receipt of the notice denying the claim for exemption. If,
after reviewing the information provided, the department of
treasury determines that the claim for exemption was erroneously
denied, the department of treasury shall grant the exemption and
the tax roll shall be amended to reflect the exemption.
(22) (21)
If granting the exemption under
this section
results in an overpayment of the tax, a rebate, including any
interest paid, shall be made to the taxpayer by the local tax
collecting unit if the local tax collecting unit has possession of
the tax roll or by the county treasurer if the county has
possession of the tax roll within 30 days of the date the exemption
is granted. The rebate shall be without interest.
(23) (22)
If an exemption under this section
is erroneously
granted for an affidavit filed before October 1, 2003, an owner may
request in writing that the department of treasury withdraw the
exemption. The request to withdraw the exemption shall be received
not later than November 1, 2003. If an owner requests that an
exemption be withdrawn, the department of treasury shall issue an
order notifying the local assessor that the exemption issued under
this section has been denied based on the owner's request. If an
exemption is withdrawn, the property that had been subject to that
exemption shall be immediately placed on the tax roll by the local
tax collecting unit if the local tax collecting unit has possession
of the tax roll or by the county treasurer if the county has
possession of the tax roll as though the exemption had not been
granted. A corrected tax bill shall be issued for the tax year
being adjusted by the local tax collecting unit if the local tax
collecting unit has possession of the tax roll or by the county
treasurer if the county has possession of the tax roll. Unless a
denial has been issued prior to July 1, 2003, if an owner requests
that an exemption under this section be withdrawn and that owner
pays the corrected tax bill issued under this subsection within 30
days after the corrected tax bill is issued, that owner is not
liable for any penalty or interest on the additional tax. An owner
who pays a corrected tax bill issued under this subsection more
than 30 days after the corrected tax bill is issued is liable for
the penalties and interest that would have accrued if the exemption
had not been granted from the date the taxes were originally
levied.
(24) (23)
Subject to subsection (24) (25),
interest at
the rate of 1.25% per month or fraction of a month collected under
subsection
(6), (8), or (11) (7),
(9), or (12) shall be
distributed as follows:
(a) If the assessor of the local tax collecting unit denies
the exemption under this section, as follows:
(i) To the local tax collecting unit, 70%.
(ii) To the department of treasury, 10%.
(iii) To the county in which the property is located, 20%.
(b) If the department of treasury denies the exemption under
this section, as follows:
(i) To the local tax collecting unit, 20%.
(ii) To the department of treasury, 70%.
(iii) To the county in which the property is located, 10%.
(c) If the county treasurer or his or her designee or the
county equalization director or his or her designee denies the
exemption under this section, as follows:
(i) To the local tax collecting unit, 20%.
(ii) To the department of treasury, 10%.
(iii) To the county in which the property is located, 70%.
(25) (24)
Interest distributed under
subsection (23) (24)
is subject to the following conditions:
(a) Interest distributed to a county shall be deposited into a
restricted fund to be used solely for the administration of
exemptions under this section. Money in that restricted fund shall
lapse to the county general fund on the December 31 in the year 3
years after the first distribution of interest to the county under
subsection
(23) (24) and on each succeeding December 31
thereafter.
(b) Interest distributed to the department of treasury shall
be deposited into the principal residence property tax exemption
audit fund, which is created within the state treasury. The state
treasurer may receive money or other assets from any source for
deposit into the fund. The state treasurer shall direct the
investment of the fund. The state treasurer shall credit to the
fund interest and earnings from fund investments. Money in the fund
shall be considered a work project account and at the close of the
fiscal year shall remain in the fund and shall not lapse to the
general fund. Money from the fund shall be expended, upon
appropriation, only for the purpose of auditing exemption
affidavits.
(26) (25)
Interest distributed under
subsection (23) (24)
is in addition to and shall not affect the levy or collection of
the county property tax administration fee established under this
act.
(27) (26)
A cooperative housing corporation
is entitled to
a full or partial exemption under this section for the tax year in
which the cooperative housing corporation files all of the
following with the local tax collecting unit in which the
cooperative housing corporation is located if filed on or before
May 1:
(a) An affidavit form.
(b) A statement of the total number of units owned by the
cooperative housing corporation and occupied as the principal
residence of a tenant stockholder as of the date of the filing
under this subsection.
(c) A list that includes the name, address, and social
security number of each tenant stockholder of the cooperative
housing corporation occupying a unit in the cooperative housing
corporation as his or her principal residence as of the date of the
filing under this subsection.
(d) A statement of the total number of units of the
cooperative housing corporation on which an exemption under this
section was claimed and that were transferred in the tax year
immediately preceding the tax year in which the filing under this
section was made.
(28) (27)
Before May 1, 2004 and before May 1, 2005, the
treasurer of each county shall forward to the department of
education a statement of the taxable value of each school district
and fraction of a school district within the county for the
preceding 4 calendar years. This requirement is in addition to the
requirement set forth in section 151 of the state school aid act of
1979, 1979 PA 94, MCL 388.1751.