HOUSE BILL No. 4860

 

July 27, 2011, Introduced by Rep. Stamas and referred to the Committee on Tax Policy.

 

     A bill to amend 1893 PA 206, entitled

 

"The general property tax act,"

 

by amending section 27b (MCL 211.27b), as amended by 1996 PA 476.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 27b. (1) If the buyer, grantee, or other transferee in

 

the immediately preceding transfer of ownership of property does

 

not notify the appropriate assessing office as required by section

 

27a(8) 27a(10), the property's taxable value shall be adjusted

 

under section 27a(3) and all of the following shall be levied:

 

     (a) Any additional taxes that would have been levied if the

 

transfer of ownership had been recorded as required under this act

 

from the date of transfer.

 

     (b) Interest and penalty from the date the tax would have been

 

originally levied.

 

     (c) A penalty of $5.00 1% of the sales price per day for each


 

separate failure beginning after the 45 days have elapsed, up to a

 

maximum of $200.00 25% of the sales price.

 

     (2) The appropriate assessing officer shall certify for

 

collection to the treasurer of 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 any

 

additional taxes due under subsection (1)(a) and any penalty due

 

under subsection (1)(c).

 

     (3) The treasurer of 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

 

collect any taxes, interest, and penalty due pursuant to this

 

section, and shall immediately prepare and submit a corrected tax

 

bill for any additional taxes due under subsection (1)(a) and any

 

interest and penalty due under subsection (1)(b). A penalty due

 

under subsection (1)(c) may be collected with the immediately

 

succeeding regular tax bill.

 

     (4) Any taxes, interest, and penalty collected pursuant to

 

subsection (1)(a) and (b) shall be distributed in the same manner

 

as other delinquent taxes, interest, and penalties are distributed

 

under this act. Any penalty collected under subsection (1)(c) shall

 

be distributed to the local tax collecting unit.

 

     (5) The governing body of a local tax collecting unit may

 

waive, by resolution, the penalty levied under subsection (1)(c).

 

     (6) If the taxable value of property is increased under this

 

section, the appropriate assessing officer shall immediately notify

 

by first-class mail the owner of that property of that increase in


 

taxable value. A buyer, grantee, or other transferee may appeal any

 

increase in taxable value or the levy of any additional taxes,

 

interest, and penalties under subsection (1) to the Michigan tax

 

tribunal within 35 days of receiving the notice of the increase in

 

the property's taxable value. An appeal under this subsection is

 

limited to the issues of whether a transfer of ownership has

 

occurred and correcting arithmetic errors. A dispute regarding the

 

valuation of the property is not a basis for appeal under this

 

subsection.

 

     (7) If the taxable value of property is adjusted under

 

subsection (1), the assessing officer making the adjustment shall

 

file an affidavit with all officials responsible for determining

 

assessment figures, rate of taxation, or mathematical calculations

 

for that property within 30 days of the date the adjustment is

 

made. The affidavit shall state the amount of the adjustment and

 

the amount of additional taxes levied. The officials with whom the

 

affidavit is filed shall correct all official records for which

 

they are responsible to reflect the adjustment and levy.