SETTLEMENT TAX ROLL FORMAT                                                                    H.B. 5047:

                                                                                                      FLOOR SUMMARY

House Bill 5047 (as reported without amendment)

Sponsor:  Representative Harold Haugh

House Committee:  Local, Intergovernmental, and Regional Affairs

Senate Committee:  Local Government and Elections

CONTENT

The bill would amend the General Property Tax Act to eliminate a requirement that a final settlement tax roll be computer-printed, and instead allow the settlement tax roll to be submitted in either a computer-printed format or an electronic data processing format.

The Act requires the local tax collecting treasurer and assessor to produce a final computer-printed settlement tax roll to certify taxes collected to the county treasurer.  The assessor must certify that taxable values, State equalized valuations, adjusted valuations, and the spread of taxes and adjusted taxes are correctly recorded.  The local tax collecting treasurer must certify delinquent taxes and certify that all tax collections are posted on the settlement tax roll.  Those certifications and the settlement tax roll must be transmitted to the county treasurer.

Under the bill, the settlement tax roll transmitted to the county treasurer could be in either a computer-printed format or a disk, external drive, or other electronic data processing format compatible with the county treasurer's computer system.

MCL 211.42a                                                                Legislative Analyst:  Julie Cassidy

FISCAL IMPACT

The bill would have no fiscal impact on State or local government.

Date Completed:  12-6-12                                                         Fiscal Analyst:  David Zin

This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.