HOUSE BILL No. 6387


     September 24, 2002, Introduced by Rep. Shackleton and referred to the Committee on Tax Policy.


        A bill to amend 1893 PA 206, entitled

   "The general property tax act,"

   (MCL 211.1 to 211.157) by adding section 9j.

               THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

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             SEC. 9J.  (1) FOR TAXES LEVIED AFTER DECEMBER 31, 2002, IF

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        THE AGGREGATE TAXABLE VALUE OF THE PERSONAL PROPERTY IDENTIFIED

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        IN A STATEMENT REQUIRED UNDER SECTION 19 IS LESS THAN $10,000.00,

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        THE PERSONAL PROPERTY IDENTIFIED IN THAT STATEMENT IS EXEMPT FROM

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        THE COLLECTION OF TAXES UNDER THIS ACT.

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             (2) A PERSON CLAIMING AN EXEMPTION UNDER SUBSECTION (1)

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        SHALL SUBMIT THE STATEMENT REQUIRED UNDER SECTION 19 WHETHER OR

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        NOT THE AGGREGATE TAXABLE VALUE OF THE PERSONAL PROPERTY IDENTI-

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        FIED IN THE STATEMENT REQUIRED UNDER SECTION 19 IS LESS THAN

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        $10,000.00.




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             (3) A PERSON MAY CLAIM AN EXEMPTION UNDER SUBSECTION (1) IN

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        EACH LOCAL TAX COLLECTING UNIT IN WHICH THAT PERSON SUBMITS A

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        STATEMENT REQUIRED UNDER SECTION 19.


















































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