February 15, 2011, Introduced by Senators CASWELL, NOFS, GREEN, BRANDENBURG, PROOS and MARLEAU and referred to the Committee on Finance.
A bill to amend 1893 PA 206, entitled
"The general property tax act,"
(MCL 211.1 to 211.155) by adding section 9n.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 9n. (1) For taxes levied after December 31, 2011, the
personal property of a taxpayer that is a business with fewer than
26 employees is exempt from the collection of taxes under this act.
(2) A taxpayer may claim an exemption under this section by
submitting an application for exemption to the local tax collecting
unit. The application shall be in a form prescribed by the
department of treasury.
(3) As used in this section, "employee" means that term as
defined in section 3401(c) of the internal revenue code, 26 USC
3401(c). A person from whom an employer is required to withhold for
federal income tax purposes is prima facie considered an employee.