May 29, 2018, Introduced by Senators PROOS, NOFS, BRANDENBURG, PAVLOV, ROBERTSON, CASPERSON and HUNE 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 9p.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 9p. (1) Qualified utility personal property is exempt
from the collection of taxes under this act.
(2) As used in this section, "qualified utility personal
property" means property that meets both of the following:
(a) Is utility personal property as described in section
34c(3)(e)(i), (vi), and (vii).
(b) Was initially installed in this state after December 31,
2017.