October 13, 2011, Introduced by Rep. Stamas and referred to the Committee on Government Operations.
A bill to amend 1993 PA 331, entitled
"State education tax act,"
by amending section 3 (MCL 211.903), as amended by 2007 PA 38.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 3. (1) Beginning in 1994, except as otherwise provided in
subsections (2) and (3), there is levied a state education tax on
all property not exempt by law from ad valorem property taxes or
not subject to a tax under 1905 PA 282, MCL 207.1 to 207.21, at a
rate of 6 mills.
(2) In 2003 only, there is levied a state education tax on all
property not exempt by law from ad valorem property taxes or not
subject to a tax under 1905 PA 282, MCL 207.1 to 207.21, at the
rate of 5 mills.
(3) For taxes levied after December 31, 2007, the following
property is exempt from the tax levied under this act:
(a) Except as otherwise provided in subdivision (b), personal
property classified under section 34c of the general property tax
act,
1893 PA 206, MCL 211.34c, as industrial personal property. is
exempt
from the tax levied under this act.
(b) Gas, steam, or coal-fired turbines used in the generation
of electricity are not eligible for the exemption under this
subsection.
Enacting section 1. This amendatory act is intended to clarify
and express the original intent of the legislature concerning the
eligibility of gas, steam, or coal-fired turbines used in the
generation of electricity for the exemption provided under section
903 of the state education tax act, 1993 PA 331, MCL 211.903. This
amendatory act is retroactive and is effective for taxes levied
after December 31, 2007.