HB-5168, As Passed House, October 29, 2003                                  

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                              SUBSTITUTE FOR                                    

                                                                                

                           HOUSE BILL NO. 5168                                  

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                 A bill to amend 1893 PA 206, entitled                                             

                                                                                

    "The general property tax act,"                                             

                                                                                

    by amending sections 7cc, 7ee, and 24c (MCL 211.7cc, 211.7ee, and           

                                                                                

    211.24c), sections 7cc and 24c as amended by 2003 PA 140 and                

                                                                                

    section 7ee as amended by 2003 PA 105.                                      

                                                                                

                THE PEOPLE OF THE STATE OF MICHIGAN ENACT:                      

                                                                                

1       Sec. 7cc.  (1) A principal residence is exempt from the tax                 

                                                                                

2   levied by a local school district for school operating purposes             

                                                                                

3   to the extent provided under section 1211 of the revised school             

                                                                                

4   code, 1976 PA 451, MCL 380.1211, if an owner of that principal              

                                                                                

5   residence claims an exemption as provided in this section.                  

                                                                                

6   Notwithstanding the tax day provided in section 2,  for taxes               

                                                                                

7   levied before January 1, 2004,  the status of property as a                 

                                                                                

8   principal residence shall be determined on the date an affidavit            

                                                                                

9   claiming an exemption is filed under subsection (2).   For taxes            

                                                                                


                                                                                

1   levied after December 31, 2003, the status of property as a                 

                                                                                

2   principal residence shall be determined on the tax day provided             

                                                                                

3   in section 2.                                                               

                                                                                

4       (2) An owner of property may claim an exemption under this                  

                                                                                

5   section by filing an affidavit on or before May 1  for taxes                

                                                                                

6   levied before January 1, 2004 and the tax day as provided in                

                                                                                

7   section 2 for taxes levied after December 31, 2003  with the                

                                                                                

8   local tax collecting unit in which the property is located.  The            

                                                                                

9   affidavit shall state that the property is owned and occupied as            

                                                                                

10  a principal residence by that owner of the property on the date             

                                                                                

11  that the affidavit is signed.  The affidavit shall be on a form             

                                                                                

12  prescribed by the department of treasury.  One copy of the                  

                                                                                

13  affidavit shall be retained by the owner, 1 copy shall be                   

                                                                                

14  retained by the local tax collecting unit until any appeal or               

                                                                                

15  audit period under this act has expired, and 1 copy shall be                

                                                                                

16  forwarded to the department of treasury pursuant to subsection              

                                                                                

17  (4), together with all information submitted under subsection               

                                                                                

18  (27) for a cooperative housing corporation.  The affidavit shall            

                                                                                

19  require the owner claiming the exemption to indicate if that                

                                                                                

20  owner or that owner's spouse has claimed another exemption on               

                                                                                

21  property in this state that is not rescinded or a substantially             

                                                                                

22  similar exemption, deduction, or credit on property in another              

                                                                                

23  state that is not rescinded.  If the affidavit requires an owner            

                                                                                

24  to include a social security number, that owner's number is                 

                                                                                

25  subject to the disclosure restrictions in 1941 PA 122, MCL 205.1            

                                                                                

26  to 205.31.  If an owner of property filed an affidavit for an               

                                                                                

27  exemption under this section before January 1, 2004, that                   


                                                                                

1   affidavit shall be considered the affidavit required under this             

                                                                                

2   subsection for a principal residence exemption and that exemption           

                                                                                

3   shall remain in effect until rescinded as provided in this                  

                                                                                

4   section.                                                                    

                                                                                

5       (3) A husband and wife who are required to file or who do                   

                                                                                

6   file a joint Michigan income tax return are entitled to not more            

                                                                                

7   than 1 exemption under this section.   A  For taxes levied after            

                                                                                

8   December 31, 2002, a person is not entitled to an exemption under           

                                                                                

9   this section if any of the following conditions occur:                      

                                                                                

10      (a) That person has claimed a substantially similar                         

                                                                                

11  exemption, deduction, or credit on property in another state that           

                                                                                

12  is not rescinded.                                                           

                                                                                

13      (b) Subject to subdivision (a), that person or his or her                   

                                                                                

14  spouse owns property in a state other than this state for which             

                                                                                

15  that person or his or her spouse claims an exemption, deduction,            

                                                                                

16  or credit substantially similar to the exemption provided under             

                                                                                

17  this section, unless that person and his or her spouse file                 

                                                                                

18  separate income tax returns.                                                

                                                                                

19      (c) That person has filed a nonresident Michigan income tax                 

                                                                                

20  return, except active duty military personnel stationed in this             

                                                                                

21  state with his or her principal residence in this state.                    

                                                                                

22      (d) That person has filed an income tax return in a state                   

                                                                                

23  other than this state as a resident, except active duty military            

                                                                                

24  personnel stationed in this state with his or her principal                 

                                                                                

25  residence in this state.                                                    

                                                                                

26      (e) That person has previously rescinded an exemption under                 

                                                                                

27  this section for the same property for which an exemption is now            


                                                                                

1   claimed and there has not been a transfer of ownership of that              

                                                                                

2   property after the previous exemption was rescinded, if either of           

                                                                                

3   the following conditions is satisfied:                                      

                                                                                

4                                                                                (i) That person has claimed an exemption under this section                         

                                                                                

5   for any other property for that tax year.                                   

                                                                                

6       (ii) That person has rescinded an exemption under this                       

                                                                                

7   section on other property, which exemption remains in effect for            

                                                                                

8   that tax year, and there has not been a transfer of ownership of            

                                                                                

9   that property.                                                              

                                                                                

10      (4) Upon receipt of an affidavit filed under subsection (2)                 

                                                                                

11  and unless the claim is denied under this section, the assessor             

                                                                                

12  shall exempt the property from the collection of the tax levied             

                                                                                

13  by a local school district for school operating purposes to the             

                                                                                

14  extent provided under section 1211 of the revised school code,              

                                                                                

15  1976 PA 451, MCL 380.1211, as provided in subsection (1) until              

                                                                                

16  December 31 of the year in which the property is transferred or             

                                                                                

17  is no longer a principal residence as defined in section 7dd.               

                                                                                

18  The local tax collecting unit shall forward copies of affidavits            

                                                                                

19  to the department of treasury according to a schedule prescribed            

                                                                                

20  by the department of treasury.                                              

                                                                                

21      (5) Not more than 90 days after exempted property is no                     

                                                                                

22  longer used as a principal residence by the owner claiming an               

                                                                                

23  exemption, that owner shall rescind the claim of exemption by               

                                                                                

24  filing with the local tax collecting unit a rescission form                 

                                                                                

25  prescribed by the department of treasury.  An owner who fails to            

                                                                                

26  file a rescission as required by this subsection is subject to a            

                                                                                

27  penalty of $5.00 per day for each separate failure beginning                


                                                                                

1   after the 90 days have elapsed, up to a maximum of $200.00.  This           

                                                                                

2   penalty shall be collected under 1941 PA 122, MCL 205.1 to                  

                                                                                

3   205.31, and shall be deposited in the state school aid fund                 

                                                                                

4   established in section 11 of article IX of the state constitution           

                                                                                

5   of 1963.  This penalty may be waived by the department of                   

                                                                                

6   treasury.                                                                   

                                                                                

7       (6) If the assessor of the local tax collecting unit believes               

                                                                                

8   that the property for which an exemption is claimed is not the              

                                                                                

9   principal residence of the owner claiming the exemption, the                

                                                                                

10  assessor may deny a new or existing claim by notifying the owner            

                                                                                

11  and the department of treasury in writing of the reason for the             

                                                                                

12  denial and advising the owner that the denial may be appealed to            

                                                                                

13  the residential and small claims division of the Michigan tax               

                                                                                

14  tribunal within 35 days after the date of the notice.  The                  

                                                                                

15  assessor may deny a claim for exemption for the current year and            

                                                                                

16  for the 3 immediately preceding calendar years.  If the assessor            

                                                                                

17  denies an existing claim for exemption, the assessor shall remove           

                                                                                

18  the exemption of the property and, if the tax roll is in the                

                                                                                

19  local tax collecting unit's possession, amend the tax roll to               

                                                                                

20  reflect the denial and the local treasurer shall within 30 days             

                                                                                

21  of the date of the denial issue a corrected tax bill for                    

                                                                                

22  previously unpaid  any additional taxes with interest at the               

                                                                                

23  rate of 1.25% per month or fraction of a month and penalties                

                                                                                

24  computed from the date the taxes were last payable without                  

                                                                                

25  interest or penalty.  If the tax roll is in the county                      

                                                                                

26  treasurer's possession, the tax roll shall be amended to reflect            

                                                                                

27  the denial and the county treasurer shall within 30 days of the             


                                                                                

1   date of the denial prepare and submit a supplemental tax bill for           

                                                                                

2   any additional taxes, together with interest at the rate of 1.25%           

                                                                                

3   per month or fraction of a month and penalties computed from the            

                                                                                

4   date the taxes were last payable without interest or penalty.               

                                                                                

5   Additional interest  Interest on any tax set forth in a                    

                                                                                

6   corrected or supplemental tax bill shall again begin to accrue 60           

                                                                                

7   days after the date the corrected or supplemental tax bill is               

                                                                                

8   issued at the rate of 1.25% per month or fraction of a month.               

                                                                                

9   Taxes levied in a corrected or supplemental tax bill shall be               

                                                                                

10  returned as delinquent on the March 1 in the year immediately               

                                                                                

11  succeeding the year in which the corrected or supplemental tax              

                                                                                

12  bill is issued.  If the assessor denies an existing claim for               

                                                                                

13  exemption, the interest due shall be distributed as provided in             

                                                                                

14  subsection (24).  However, if the property has been transferred             

                                                                                

15  to a bona fide purchaser before additional taxes were billed to             

                                                                                

16  the seller as a result of the denial of a claim for exemption,              

                                                                                

17  the taxes, interest, and penalties shall not be a lien on the               

                                                                                

18  property and shall not be billed to the bona fide purchaser, and            

                                                                                

19  the local tax collecting unit if the local tax collecting unit              

                                                                                

20  has possession of the tax roll or the county treasurer if the               

                                                                                

21  county has possession of the tax roll shall notify the department           

                                                                                

22  of treasury of the amount of tax due, interest, and penalties               

                                                                                

23  through the date of that notification.  The department of                   

                                                                                

24  treasury shall then assess the owner who claimed the exemption              

                                                                                

25  under this section for the tax, interest, and penalties accruing            

                                                                                

26  as a result of the denial of the claim for exemption, if any, as            

                                                                                

27  for unpaid taxes provided under 1941 PA 122, MCL 205.1 to 205.31,           


                                                                                

1   and shall deposit any tax or penalty collected into the state               

                                                                                

2   school aid fund and shall distribute any interest collected as              

                                                                                

3   provided in subsection (24).  The denial shall be made on a form            

                                                                                

4   prescribed by the department of treasury.  If the property for              

                                                                                

5   which the assessor has denied a claim for exemption under this              

                                                                                

6   subsection is located in a county in which the county treasurer             

                                                                                

7   or the county equalization director have elected to audit                   

                                                                                

8   exemptions under subsection (10), the assessor shall notify the             

                                                                                

9   county treasurer or the county equalization director of the                 

                                                                                

10  denial under this subsection.                                               

                                                                                

11      (7) If the assessor of the local tax collecting unit believes               

                                                                                

12  that the property for which the exemption is claimed is not the             

                                                                                

13  principal residence of the owner claiming the exemption and has             

                                                                                

14  not denied the claim, the assessor shall include a recommendation           

                                                                                

15  for denial with any affidavit that is forwarded to the department           

                                                                                

16  of treasury or, for an existing claim, shall send a                         

                                                                                

17  recommendation for denial to the department of treasury, stating            

                                                                                

18  the reasons for the recommendation.                                         

                                                                                

19      (8) The department of treasury shall determine if the                       

                                                                                

20  property is the principal residence of the owner claiming the               

                                                                                

21  exemption.  The department of treasury may review the validity of           

                                                                                

22  exemptions for the current calendar year and for the 3                      

                                                                                

23  immediately preceding calendar years.  If the department of                 

                                                                                

24  treasury determines that the property is not the principal                  

                                                                                

25  residence of the owner claiming the exemption, the department               

                                                                                

26  shall send a notice of that determination to the local tax                  

                                                                                

27  collecting unit and to the owner of the property claiming the               


                                                                                

1   exemption, indicating that the claim for exemption is denied,               

                                                                                

2   stating the reason for the denial, and advising the owner                   

                                                                                

3   claiming the exemption of the right to appeal the determination             

                                                                                

4   to the department of treasury and what those rights of appeal               

                                                                                

5   are.  The department of treasury may issue a notice denying a               

                                                                                

6   claim if an owner fails to respond within 30 days of receipt of a           

                                                                                

7   request for information from that department.  An owner may                 

                                                                                

8   appeal the denial of a claim of exemption to the department of              

                                                                                

9   treasury within 35 days of receipt of the notice of denial.  An             

                                                                                

10  appeal to the department of treasury shall be conducted according           

                                                                                

11  to the provisions for an informal conference in section 21 of               

                                                                                

12  1941 PA 122, MCL 205.21.  Within 10 days after acknowledging an             

                                                                                

13  appeal of a denial of a claim of exemption, the department of               

                                                                                

14  treasury shall notify the assessor and the treasurer for the                

                                                                                

15  county in which the property is located that an appeal has been             

                                                                                

16  filed.  Upon receipt of a notice that the department of treasury            

                                                                                

17  has denied a claim for exemption, the assessor shall remove the             

                                                                                

18  exemption of the property and, if the tax roll is in the local              

                                                                                

19  tax collecting unit's possession, amend the tax roll to reflect             

                                                                                

20  the denial and the local treasurer shall within 30 days of the              

                                                                                

21  date of the denial issue a corrected tax bill for  previously               

                                                                                

22  unpaid  any additional taxes with interest at the rate of 1.25%             

                                                                                

23  per month or fraction of a month and penalties computed from the            

                                                                                

24  date the taxes were last payable without interest and penalty.              

                                                                                

25  If the tax roll is in the county treasurer's possession, the tax            

                                                                                

26  roll shall be amended to reflect the denial and the county                  

                                                                                

27  treasurer shall within 30 days of the date of the denial prepare            


                                                                                

1   and submit a supplemental tax bill for any additional taxes,                

                                                                                

2   together with interest at the rate of 1.25% per month or fraction           

                                                                                

3   of a month and penalties computed from the date the taxes were              

                                                                                

4   last payable without interest or penalty.   Additional interest             

                                                                                

5   Interest on any tax set forth in a corrected or supplemental tax            

                                                                                

6   bill shall again begin to accrue 60 days after the date the                 

                                                                                

7   corrected or supplemental tax bill is issued at the rate of 1.25%           

                                                                                

8   per month or fraction of a month.  Taxes levied in a corrected or           

                                                                                

9   supplemental tax bill shall be returned as delinquent on the                

                                                                                

10  March 1 in the year immediately succeeding the year in which the            

                                                                                

11  corrected or supplemental tax bill is issued.  If the department            

                                                                                

12  of treasury denies an existing claim for exemption, the interest            

                                                                                

13  due shall be distributed as provided in subsection (24).                    

                                                                                

14  However, if the property has been transferred to a bona fide                

                                                                                

15  purchaser before additional taxes were billed to the seller as a            

                                                                                

16  result of the denial of a claim for exemption, the taxes,                   

                                                                                

17  interest, and penalties shall not be a lien on the property and             

                                                                                

18  shall not be billed to the bona fide purchaser, and the local tax           

                                                                                

19  collecting unit if the local tax collecting unit has possession             

                                                                                

20  of the tax roll or the county treasurer if the county has                   

                                                                                

21  possession of the tax roll shall notify the department of                   

                                                                                

22  treasury of the amount of tax due and interest through the date             

                                                                                

23  of that notification.  The department of treasury shall then                

                                                                                

24  assess the owner who claimed the exemption under this section for           

                                                                                

25  the tax and interest plus penalty accruing as a result of the               

                                                                                

26  denial of the claim for exemption, if any, as for unpaid taxes              

                                                                                

27  provided under 1941 PA 122, MCL 205.1 to 205.31, and shall                  


                                                                                

1   deposit any tax or penalty collected into the state school aid              

                                                                                

2   fund and shall distribute any interest collected as provided in             

                                                                                

3   subsection (24).                                                            

                                                                                

4       (9) The department of treasury may enter into an agreement                  

                                                                                

5   regarding the implementation or administration of subsection (8)            

                                                                                

6   with the assessor of any local tax collecting unit in a county              

                                                                                

7   that has not elected to audit exemptions claimed under this                 

                                                                                

8   section as provided in subsection (10).  The agreement may                  

                                                                                

9   specify that for a period of time, not to exceed 120 days, the              

                                                                                

10  department of treasury will not deny an exemption identified by             

                                                                                

11  the department of treasury in the list provided under subsection            

                                                                                

12  (11).                                                                       

                                                                                

13      (10) A county may elect to audit the exemptions claimed under               

                                                                                

14  this section in all local tax collecting units located in that              

                                                                                

15  county as provided in this subsection.  The election to audit               

                                                                                

16  exemptions shall be made by the county treasurer, or by the                 

                                                                                

17  county equalization director with the concurrence by resolution             

                                                                                

18  of the county board of commissioners.  The initial election to              

                                                                                

19  audit exemptions shall require an audit period of 2 years.                  

                                                                                

20  Subsequent elections to audit exemptions shall be made every 2              

                                                                                

21  years and shall require 2 annual audit periods.  An election to             

                                                                                

22  audit exemptions shall be made by submitting an election to audit           

                                                                                

23  form to the assessor of each local tax collecting unit in that              

                                                                                

24  county and to the department of treasury not later than October 1           

                                                                                

25  in the year in which an election to audit is made.  The election            

                                                                                

26  to audit form required under this subsection shall be in a form             

                                                                                

27  prescribed by the department of treasury.  If a county elects to            


                                                                                

1   audit the exemptions claimed under this section, the department             

                                                                                

2   of treasury may continue to review the validity of exemptions as            

                                                                                

3   provided in subsection (8).  If a county does not elect to audit            

                                                                                

4   the exemptions claimed under this section as provided in this               

                                                                                

5   subsection, the department of treasury shall conduct an audit of            

                                                                                

6   exemptions claimed under this section in the initial 2-year audit           

                                                                                

7   period for each local tax collecting unit in that county unless             

                                                                                

8   the department of treasury has entered into an agreement with the           

                                                                                

9   assessor for that local tax collecting unit under subsection                

                                                                                

10  (9).                                                                        

                                                                                

11      (11) If a county elects to audit the exemptions claimed under               

                                                                                

12  this section as provided in subsection (10) and the county                  

                                                                                

13  treasurer or his or her designee or the county equalization                 

                                                                                

14  director or his or her designee believes that the property for              

                                                                                

15  which an exemption is claimed is not the principal residence of             

                                                                                

16  the owner claiming the exemption, the county treasurer or his or            

                                                                                

17  her designee or the county equalization director or his or her              

                                                                                

18  designee may deny an existing claim by notifying the owner, the             

                                                                                

19  assessor of the local tax collecting unit, and the department of            

                                                                                

20  treasury in writing of the reason for the denial and advising the           

                                                                                

21  owner that the denial may be appealed to the residential and                

                                                                                

22  small claims division of the Michigan tax tribunal within 35 days           

                                                                                

23  after the date of the notice.  The county treasurer or his or her           

                                                                                

24  designee or the county equalization director or his or her                  

                                                                                

25  designee may deny a claim for exemption for the current year and            

                                                                                

26  for the 3 immediately preceding calendar years.  If the county              

                                                                                

27  treasurer or his or her designee or the county equalization                 


                                                                                

1   director or his or her designee denies an existing claim for                

                                                                                

2   exemption, the county treasurer or his or her designee or the               

                                                                                

3   county equalization director or his or her designee shall direct            

                                                                                

4   the assessor of the local tax collecting unit in which the                  

                                                                                

5   property is located to remove the exemption of the property from            

                                                                                

6   the assessment roll and, if the tax roll is in the local tax                

                                                                                

7   collecting unit's possession, direct the assessor of the local              

                                                                                

8   tax collecting unit to amend the tax roll to reflect the denial             

                                                                                

9   and the treasurer of the local tax collecting unit shall within             

                                                                                

10  30 days of the date of the denial issue a corrected tax bill for            

                                                                                

11  previously unpaid  any additional taxes with interest at the               

                                                                                

12  rate of 1.25% per month or fraction of a month and penalties                

                                                                                

13  computed from the date the taxes were last payable without                  

                                                                                

14  interest and penalty.  If the tax roll is in the county                     

                                                                                

15  treasurer's possession, the tax roll shall be amended to reflect            

                                                                                

16  the denial and the county treasurer shall within 30 days of the             

                                                                                

17  date of the denial prepare and submit a supplemental tax bill for           

                                                                                

18  any additional taxes, together with interest at the rate of 1.25%           

                                                                                

19  per month or fraction of a month and penalties computed from the            

                                                                                

20  date the taxes were last payable without interest or penalty.               

                                                                                

21  Additional interest  Interest on any tax set forth in a                    

                                                                                

22  corrected or supplemental tax bill shall again begin to accrue 60           

                                                                                

23  days after the date the corrected or supplemental tax bill is               

                                                                                

24  issued at the rate of 1.25% per month or fraction of a month.               

                                                                                

25  Taxes levied in a corrected or supplemental tax bill shall be               

                                                                                

26  returned as delinquent on the March 1 in the year immediately               

                                                                                

27  succeeding the year in which the corrected or supplemental tax              


                                                                                

1   bill is issued.  If the county treasurer or his or her designee             

                                                                                

2   or the county equalization director or his or her designee denies           

                                                                                

3   an existing claim for exemption, the interest due shall be                  

                                                                                

4   distributed as provided in subsection (24).  However, if the                

                                                                                

5   property has been transferred to a bona fide purchaser before               

                                                                                

6   additional taxes were billed to the seller as a result of the               

                                                                                

7   denial of a claim for exemption, the taxes, interest, and                   

                                                                                

8   penalties shall not be a lien on the property and shall not be              

                                                                                

9   billed to the bona fide purchaser, and the local tax collecting             

                                                                                

10  unit if the local tax collecting unit has possession of the tax             

                                                                                

11  roll or the county treasurer if the county has possession of the            

                                                                                

12  tax roll shall notify the department of treasury of the amount of           

                                                                                

13  tax due and interest through the date of that notification.  The            

                                                                                

14  department of treasury shall then assess the owner who claimed              

                                                                                

15  the exemption under this section for the tax and interest plus              

                                                                                

16  penalty accruing as a result of the denial of the claim for                 

                                                                                

17  exemption, if any, as for unpaid taxes provided under 1941 PA               

                                                                                

18  122, MCL 205.1 to 205.31, and shall deposit any tax or penalty              

                                                                                

19  collected into the state school aid fund and shall distribute any           

                                                                                

20  interest collected as provided in subsection (24).  The                     

                                                                                

21  department of treasury shall annually provide the county                    

                                                                                

22  treasurer or his or her designee or the county equalization                 

                                                                                

23  director or his or her designee a list of parcels of property               

                                                                                

24  located in that county for which an exemption may be erroneously            

                                                                                

25  claimed.  The county treasurer or his or her designee or the                

                                                                                

26  county equalization director or his or her designee shall forward           

                                                                                

27  copies of the list provided by the department of treasury to each           


                                                                                

1   assessor in each local tax collecting unit in that county within            

                                                                                

2   10 days of receiving the list.                                              

                                                                                

3       (12) If a county elects to audit exemptions claimed under                   

                                                                                

4   this section as provided in subsection (10), the county treasurer           

                                                                                

5   or the county equalization director may enter into an agreement             

                                                                                

6   with the assessor of a local tax collecting unit in that county             

                                                                                

7   regarding the implementation or administration of this section.             

                                                                                

8   The agreement may specify that for a period of time, not to                 

                                                                                

9   exceed 120 days, the county will not deny an exemption identified           

                                                                                

10  by the department of treasury in the list provided under                    

                                                                                

11  subsection (11).                                                            

                                                                                

12      (13) An owner may appeal a denial by the assessor of the                    

                                                                                

13  local tax collecting unit under subsection (6), a final decision            

                                                                                

14  of the department of treasury under subsection (8), or a denial             

                                                                                

15  by the county treasurer or his or her designee or the county                

                                                                                

16  equalization director or his or her designee under subsection               

                                                                                

17  (11) to the residential and small claims division of the Michigan           

                                                                                

18  tax tribunal within 35 days of that decision.  An owner is not              

                                                                                

19  required to pay the amount of tax in dispute in order to appeal a           

                                                                                

20  denial of a claim of exemption to the department of treasury or             

                                                                                

21  to receive a final determination of the residential and small               

                                                                                

22  claims division of the Michigan tax tribunal.  However, interest            

                                                                                

23  at the rate of 1.25% per month or fraction of a month and                   

                                                                                

24  penalties shall accrue and be computed from the date the taxes              

                                                                                

25  were last payable without interest and penalty.  If the                     

                                                                                

26  residential and small claims division of the Michigan tax                   

                                                                                

27  tribunal grants an owner's appeal of a denial and that owner has            


                                                                                

1   paid the interest due as a result of a denial under subsection              

                                                                                

2   (6), (8), or (11), the interest received after a distribution was           

                                                                                

3   made under subsection (24) shall be refunded.                               

                                                                                

4       (14) For taxes levied after December 31, 2005, for each                     

                                                                                

5   county in which the county treasurer or the county equalization             

                                                                                

6   director does not elect to audit the exemptions claimed under               

                                                                                

7   this section as provided in subsection (10), the department of              

                                                                                

8   treasury shall conduct an annual audit of exemptions claimed                

                                                                                

9   under this section for the current calendar year.                           

                                                                                

10      (15) An affidavit filed by an owner for the exemption under                 

                                                                                

11  this section rescinds all previous exemptions filed by that owner           

                                                                                

12  for any other property.  The department of treasury shall notify            

                                                                                

13  the assessor of the local tax collecting unit in which the                  

                                                                                

14  property for which a previous exemption was claimed is located              

                                                                                

15  that the previous exemption is rescinded by the subsequent                  

                                                                                

16  affidavit.  Upon receipt of notice that an exemption is                     

                                                                                

17  rescinded, the assessor of the local tax collecting unit shall              

                                                                                

18  remove the exemption effective December 31 of the year in which             

                                                                                

19  the property is transferred or is no longer a principal residence           

                                                                                

20  as defined in section 7dd.  The assessor of the local tax                   

                                                                                

21  collecting unit in which that property is located shall notify              

                                                                                

22  the treasurer in possession of the tax roll for a year for which            

                                                                                

23  the exemption is rescinded.  If the tax roll is in the local tax            

                                                                                

24  collecting unit's possession, the tax roll shall be amended to              

                                                                                

25  reflect the rescission and the local treasurer shall prepare and            

                                                                                

26  issue a corrected tax bill for  previously unpaid  any additional           

                                                                                

27  taxes with interest and penalties computed based on the interest            


                                                                                

1   and penalties that would have accrued from the date the taxes               

                                                                                

2   were originally levied if there had not been an exemption for               

                                                                                

3   that year.  If the tax roll is in the county treasurer's                    

                                                                                

4   possession, the tax roll shall be amended to reflect the                    

                                                                                

5   rescission and the county treasurer shall prepare and submit a              

                                                                                

6   supplemental tax bill for any additional taxes, together with any           

                                                                                

7   interest and penalties.  However, if the property has been                  

                                                                                

8   transferred to a bona fide purchaser, the taxes, interest, and              

                                                                                

9   penalties shall not be billed to the bona fide purchaser, and the           

                                                                                

10  local tax collecting unit if the local tax collecting unit has              

                                                                                

11  possession of the tax roll or the county treasurer if the county            

                                                                                

12  has possession of the tax roll shall notify the department of               

                                                                                

13  treasury of the amount of tax due and interest through the date             

                                                                                

14  of that notification.  The department of treasury shall then                

                                                                                

15  assess the owner who received the exemption under this section              

                                                                                

16  when the property was not a principal residence as defined in               

                                                                                

17  section 7dd for the tax and interest plus penalty accruing, if              

                                                                                

18  any, as for unpaid taxes provided under 1941 PA 122, MCL 205.1 to           

                                                                                

19  205.31, and shall deposit any tax, interest, or penalty collected           

                                                                                

20  into the state school aid fund.                                             

                                                                                

21      (16) An owner of property for which a claim of exemption is                 

                                                                                

22  rescinded may appeal that rescission with either the July or                

                                                                                

23  December board of review in either the year for which the                   

                                                                                

24  exemption is rescinded or in the immediately succeeding year.  If           

                                                                                

25  an appeal of a rescission of a claim for exemption is received              

                                                                                

26  not later than 5 days prior to the date of the December board of            

                                                                                

27  review, the local tax collecting unit shall convene a December              


                                                                                

1   board of review and consider the appeal pursuant to this section            

                                                                                

2   and section 53b.  An owner of property for which a claim of                 

                                                                                

3   exemption is rescinded may appeal the decision of the board of              

                                                                                

4   review to the residential and small claims division of the                  

                                                                                

5   Michigan tax tribunal within 35 days of that decision.                      

                                                                                

6       (17) If the principal residence is part of a unit in a                      

                                                                                

7   multiple-unit dwelling or a dwelling unit in a multiple-purpose             

                                                                                

8   structure, an owner shall claim an exemption for only that                  

                                                                                

9   portion of the total taxable value of the property used as the              

                                                                                

10  principal residence of that owner in a manner prescribed by the             

                                                                                

11  department of treasury.  If a portion of a parcel for which the             

                                                                                

12  owner claims an exemption is used for a purpose other than as a             

                                                                                

13  principal residence, the owner shall claim an exemption for only            

                                                                                

14  that portion of the taxable value of the property used as the               

                                                                                

15  principal residence of that owner in a manner prescribed by the             

                                                                                

16  department of treasury.                                                     

                                                                                

17      (18) When a county register of deeds records a transfer of                  

                                                                                

18  ownership of a property, he or she shall notify the local tax               

                                                                                

19  collecting unit in which the property is located of the                     

                                                                                

20  transfer.                                                                   

                                                                                

21      (19) The department of treasury shall make available the                    

                                                                                

22  affidavit forms and the forms to rescind an exemption, which may            

                                                                                

23  be on the same form, to all city and township assessors, county             

                                                                                

24  equalization officers, county registers of deeds, and closing               

                                                                                

25  agents.  A person who prepares a closing statement for the sale             

                                                                                

26  of property shall provide affidavit and rescission forms to the             

                                                                                

27  buyer and seller at the closing and, if requested by the buyer or           


                                                                                

1   seller after execution by the buyer or seller, shall file the               

                                                                                

2   forms with the local tax collecting unit in which the property is           

                                                                                

3   located.  If a closing statement preparer fails to provide                  

                                                                                

4   exemption affidavit and rescission forms to the buyer and seller,           

                                                                                

5   or fails to file the affidavit and rescission forms with the                

                                                                                

6   local tax collecting unit if requested by the buyer or seller,              

                                                                                

7   the buyer may appeal to the department of treasury within 30 days           

                                                                                

8   of notice to the buyer that an exemption was not recorded.  If              

                                                                                

9   the department of treasury determines that the buyer qualifies              

                                                                                

10  for the exemption, the department of treasury shall notify the              

                                                                                

11  assessor of the local tax collecting unit that the exemption is             

                                                                                

12  granted and the assessor of the local tax collecting unit or, if            

                                                                                

13  the tax roll is in the possession of the county treasurer, the              

                                                                                

14  county treasurer shall correct the tax roll to reflect the                  

                                                                                

15  exemption.  This subsection does not create a cause of action at            

                                                                                

16  law or in equity against a closing statement preparer who fails             

                                                                                

17  to provide exemption affidavit and rescission forms to a buyer              

                                                                                

18  and seller or who fails to file the affidavit and rescission                

                                                                                

19  forms with the local tax collecting unit when requested to do so            

                                                                                

20  by the buyer or seller.                                                     

                                                                                

21      (20) An owner who owned and occupied a principal residence on               

                                                                                

22  May 1  for taxes levied before January 1, 2004 and the tax day as           

                                                                                

23  provided in section 2 for taxes levied after December 31, 2003              

                                                                                

24  for which the exemption was not on the tax roll may file an                 

                                                                                

25  appeal with the July board of review or December board of review            

                                                                                

26  in the year for which the exemption was claimed or the                      

                                                                                

27  immediately succeeding 3 years.  If an appeal of a claim for                


                                                                                

1   exemption that was not on the tax roll is received not later than           

                                                                                

2   5 days prior to the date of the December board of review, the               

                                                                                

3   local tax collecting unit shall convene a December board of                 

                                                                                

4   review and consider the appeal pursuant to this section and                 

                                                                                

5   section 53b.                                                                

                                                                                

6       (21) If the assessor or treasurer of the local tax collecting               

                                                                                

7   unit believes that the department of treasury erroneously denied            

                                                                                

8   a claim for exemption, the assessor or treasurer may submit                 

                                                                                

9   written information supporting the owner's claim for exemption to           

                                                                                

10  the department of treasury within 35 days of the owner's receipt            

                                                                                

11  of the notice denying the claim for exemption.  If, after                   

                                                                                

12  reviewing the information provided, the department of treasury              

                                                                                

13  determines that the claim for exemption was erroneously denied,             

                                                                                

14  the department of treasury shall grant the exemption and the tax            

                                                                                

15  roll shall be amended to reflect the exemption.                             

                                                                                

16      (22) If granting the exemption under this section results in                

                                                                                

17  an overpayment of the tax, a rebate, including any interest paid,           

                                                                                

18  shall be made to the taxpayer by the local tax collecting unit if           

                                                                                

19  the local tax collecting unit has possession of the tax roll or             

                                                                                

20  by the county treasurer if the county has possession of the tax             

                                                                                

21  roll within 30 days of the date the exemption is granted.  The              

                                                                                

22  rebate shall be without interest.                                           

                                                                                

23      (23) If an exemption under this section is erroneously                      

                                                                                

24  granted for an affidavit filed before October 1, 2003, an owner             

                                                                                

25  may request in writing that the department of treasury withdraw             

                                                                                

26  the exemption.  The request to withdraw the exemption shall be              

                                                                                

27  received not later than November 1, 2003.  If an owner requests             


                                                                                

1   that an exemption be withdrawn, the department of treasury shall            

                                                                                

2   issue an order notifying the local assessor that the exemption              

                                                                                

3   issued under this section has been denied based on the owner's              

                                                                                

4   request.  If an exemption is withdrawn, the property that had               

                                                                                

5   been subject to that exemption shall be immediately placed on the           

                                                                                

6   tax roll by the local tax collecting unit if the local tax                  

                                                                                

7   collecting unit has possession of the tax roll or by the county             

                                                                                

8   treasurer if the county has possession of the tax roll as though            

                                                                                

9   the exemption had not been granted.  A corrected tax bill shall             

                                                                                

10  be issued for the tax year being adjusted by the local tax                  

                                                                                

11  collecting unit if the local tax collecting unit has possession             

                                                                                

12  of the tax roll or by the county treasurer if the county has                

                                                                                

13  possession of the tax roll.  Unless a denial has been issued                

                                                                                

14  prior to July 1, 2003, if an owner requests that an exemption               

                                                                                

15  under this section be withdrawn and that owner pays the corrected           

                                                                                

16  tax bill issued under this subsection within 30 days after the              

                                                                                

17  corrected tax bill is issued, that owner is not liable for any              

                                                                                

18  penalty or interest on the additional tax.  An owner who pays a             

                                                                                

19  corrected tax bill issued under this subsection more than 30 days           

                                                                                

20  after the corrected tax bill is issued is liable for the                    

                                                                                

21  penalties and interest that would have accrued if the exemption             

                                                                                

22  had not been granted from the date the taxes were originally                

                                                                                

23  levied.                                                                     

                                                                                

24      (24) Subject to subsection (25), interest at the rate of                    

                                                                                

25  1.25% per month or fraction of a month collected under subsection           

                                                                                

26  (6), (8), or (11) shall be distributed as follows:                          

                                                                                

27      (a) If the assessor of the local tax collecting unit denies                 


                                                                                

1   the exemption under this section, as follows:                               

                                                                                

2                                                                                (i) To the local tax collecting unit, 70%.                                          

                                                                                

3       (ii) To the department of treasury, 10%.                                     

                                                                                

4       (iii) To the county in which the property is located, 20%.                   

                                                                                

5       (b) If the department of treasury denies the exemption this                 

                                                                                

6   section, as follows:                                                        

                                                                                

7                                                                                (i) To the local tax collecting unit, 20%.                                          

                                                                                

8       (ii) To the department of treasury, 70%.                                     

                                                                                

9       (iii) To the county in which the property is located, 10%.                   

                                                                                

10      (c) If the county treasurer or his or her designee or the                   

                                                                                

11  county equalization director or his or her designee denies the              

                                                                                

12  exemption under this section, as follows:                                   

                                                                                

13                                                                               (i) To the local tax collecting unit, 20%.                                          

                                                                                

14      (ii) To the department of treasury, 10%.                                     

                                                                                

15      (iii) To the county in which the property is located, 70%.                   

                                                                                

16      (25) Interest distributed under subsection (24) is subject to               

                                                                                

17  the following conditions:                                                   

                                                                                

18      (a) Interest distributed to a county shall be deposited into                

                                                                                

19  a restricted fund to be used solely for the administration of               

                                                                                

20  exemptions under this section.  Money in that restricted fund               

                                                                                

21  shall lapse to the county general fund on the December 31 in the            

                                                                                

22  year 3 years after the first distribution of interest to the                

                                                                                

23  county under subsection (24) and on each succeeding December 31             

                                                                                

24  thereafter.                                                                 

                                                                                

25      (b) Interest distributed to the department of treasury shall                

                                                                                

26  be deposited into the principal residence property tax exemption            

                                                                                

27  audit fund, which is created within the state treasury.  The                


                                                                                

1   state treasurer may receive money or other assets from any source           

                                                                                

2   for deposit into the fund.  The state treasurer shall direct the            

                                                                                

3   investment of the fund.  The state treasurer shall credit to the            

                                                                                

4   fund interest and earnings from fund investments.  Money in the             

                                                                                

5   fund shall be considered a work project account and at the close            

                                                                                

6   of the fiscal year shall remain in the fund and shall not lapse             

                                                                                

7   to the general fund.  Money from the fund shall be expended, upon           

                                                                                

8   appropriation, only for the purpose of auditing exemption                   

                                                                                

9   affidavits.                                                                 

                                                                                

10      (26) Interest distributed under subsection (24) is in                       

                                                                                

11  addition to and shall not affect the levy or collection of the              

                                                                                

12  county property tax administration fee established under this               

                                                                                

13  act.                                                                        

                                                                                

14      (27) A cooperative housing corporation is entitled to a full                

                                                                                

15  or partial exemption under this section for the tax year in which           

                                                                                

16  the cooperative housing corporation files all of the following              

                                                                                

17  with the local tax collecting unit in which the cooperative                 

                                                                                

18  housing corporation is located if filed on or before May 1:  for            

                                                                                

19  taxes levied before January 1, 2004 and the tax day as provided             

                                                                                

20  in section 2 for taxes levied after December 31, 2003:                      

                                                                                

21      (a) An affidavit form.                                                      

                                                                                

22      (b) A statement of the total number of units owned by the                   

                                                                                

23  cooperative housing corporation and occupied as the principal               

                                                                                

24  residence of a tenant stockholder as of the date of the filing              

                                                                                

25  under this subsection.                                                      

                                                                                

26      (c) A list that includes the name, address, and social                      

                                                                                

27  security number of each tenant stockholder of the cooperative               


                                                                                

1   housing corporation occupying a unit in the cooperative housing             

                                                                                

2   corporation as his or her principal residence as of the date of             

                                                                                

3   the filing under this subsection.                                           

                                                                                

4       (d) A statement of the total number of units of the                         

                                                                                

5   cooperative housing corporation on which an exemption under this            

                                                                                

6   section was claimed and that were transferred in the tax year               

                                                                                

7   immediately preceding the tax year in which the filing under this           

                                                                                

8   section was made.                                                           

                                                                                

9       (28) Before May 1, 2004 and before May 1, 2005, the treasurer               

                                                                                

10  of each county shall forward to the department of education a               

                                                                                

11  statement of the taxable value of each school district and                  

                                                                                

12  fraction of a school district within the county for the preceding           

                                                                                

13  4 calendar years.  This requirement is in addition to the                   

                                                                                

14  requirement set forth in section 151 of the state school aid act            

                                                                                

15  of 1979, 1979 PA 94, MCL 388.1751.                                          

                                                                                

16      Sec. 7ee.  (1) Qualified agricultural property is exempt                    

                                                                                

17  from the tax levied by a local school district for school                   

                                                                                

18  operating purposes to the extent provided under section 1211 of             

                                                                                

19  the revised school code, 1976 PA 451, MCL 380.1211, according to            

                                                                                

20  the provisions of this section.                                             

                                                                                

21      (2) Qualified agricultural property that is classified as                   

                                                                                

22  agricultural under section 34c is exempt under subsection (1) and           

                                                                                

23  the owner is not required to file an affidavit claiming an                  

                                                                                

24  exemption with the local tax collecting unit unless requested by            

                                                                                

25  the assessor to determine whether the property includes                     

                                                                                

26  structures that are not exempt under this section.  To claim an             

                                                                                

27  exemption under subsection (1) for qualified agricultural                   


                                                                                

1   property that is not classified as agricultural under section               

                                                                                

2   34c, the owner shall file an affidavit claiming the exemption               

                                                                                

3   with the local tax collecting unit by May 1.  for taxes levied              

                                                                                

4   before January 1, 2004 and the tax day as provided in section 2             

                                                                                

5   for taxes levied after December 31, 2003.                                   

                                                                                

6       (3) The affidavit shall be on a form prescribed by the                      

                                                                                

7   department of treasury.                                                     

                                                                                

8       (4) For property classified as agricultural, and upon receipt               

                                                                                

9   of an affidavit filed under subsection (2) for property not                 

                                                                                

10  classified as agricultural, the assessor shall determine if the             

                                                                                

11  property is qualified agricultural property and if so shall                 

                                                                                

12  exempt the property from the collection of the tax as provided in           

                                                                                

13  subsection (1) until December 31 of the year in which the                   

                                                                                

14  property is no longer qualified agricultural property as defined            

                                                                                

15  in section 7dd.  An owner is required to file a new claim for               

                                                                                

16  exemption on the same property as requested by the assessor under           

                                                                                

17  subsection (2).                                                             

                                                                                

18      (5) Not more than 90 days after all or a portion of the                     

                                                                                

19  exempted property is no longer qualified agricultural property,             

                                                                                

20  the owner shall rescind the exemption for the applicable portion            

                                                                                

21  of the property by filing with the local tax collecting unit a              

                                                                                

22  rescission form prescribed by the department of treasury.  An               

                                                                                

23  owner who fails to file a rescission as required by this                    

                                                                                

24  subsection is subject to a penalty of $5.00 per day for each                

                                                                                

25  separate failure beginning after the 90 days have elapsed, up to            

                                                                                

26  a maximum of $200.00.  This penalty shall be collected under 1941           

                                                                                

27  PA 122, MCL 205.1 to 205.31, and shall be deposited in the state            


                                                                                

1   school aid fund established in section 11 of article IX of the              

                                                                                

2   state constitution of 1963.  This penalty may be waived by the              

                                                                                

3   department of treasury.                                                     

                                                                                

4       (6) An owner of property that is qualified agricultural                     

                                                                                

5   property on May 1  for taxes levied before January 1, 2004 and              

                                                                                

6   the tax day as provided in section 2 for taxes levied after                 

                                                                                

7   December 31, 2003  for which an exemption was not on the tax roll           

                                                                                

8   may file an appeal with the July or December board of review in             

                                                                                

9   the year the exemption was claimed or the immediately succeeding            

                                                                                

10  year.  An owner of property that is qualified agricultural                  

                                                                                

11  property on May 1  for taxes levied before January 1, 2004 and              

                                                                                

12  the tax day as provided in section 2 for taxes levied after                 

                                                                                

13  December 31, 2003  for which an exemption was denied by the                 

                                                                                

14  assessor in the year the affidavit was filed, may file an appeal            

                                                                                

15  with the July board of review for summer taxes or, if there is              

                                                                                

16  not a summer levy of school operating taxes, with the December              

                                                                                

17  board of review.                                                            

                                                                                

18      (7) If the assessor of the local tax collecting unit believes               

                                                                                

19  that the property for which an exemption has been granted is not            

                                                                                

20  qualified agricultural property, the assessor may deny or modify            

                                                                                

21  an existing exemption by notifying the owner in writing at the              

                                                                                

22  time required for providing a notice under section 24c.  A                  

                                                                                

23  taxpayer may appeal the assessor's determination to the board of            

                                                                                

24  review meeting under section 30.  A decision of the board of                

                                                                                

25  review may be appealed to the residential and small claims                  

                                                                                

26  division of the Michigan tax tribunal.                                      

                                                                                

27      (8) If an exemption under this section is erroneously                       


                                                                                

1   granted, an owner may request in writing that the local tax                 

                                                                                

2   collecting unit withdraw the exemption.  If an owner requests               

                                                                                

3   that an exemption be withdrawn, the local assessor shall notify             

                                                                                

4   the owner that the exemption issued under this section has been             

                                                                                

5   denied based on that owner's request.  If an exemption is                   

                                                                                

6   withdrawn, the property that had been subject to that exemption             

                                                                                

7   shall be immediately placed on the tax roll by the local tax                

                                                                                

8   collecting unit if the local tax collecting unit has possession             

                                                                                

9   of the tax roll or by the county treasurer if the county has                

                                                                                

10  possession of the tax roll as though the exemption had not been             

                                                                                

11  granted.  A corrected tax bill shall be issued for the tax year             

                                                                                

12  being adjusted by the local tax collecting unit if the local tax            

                                                                                

13  collecting unit has possession of the tax roll or by the county             

                                                                                

14  treasurer if the county has possession of the tax roll.  If an              

                                                                                

15  owner requests that an exemption under this section be withdrawn            

                                                                                

16  before that owner is contacted in writing by the local assessor             

                                                                                

17  regarding that owner's eligibility for the exemption and that               

                                                                                

18  owner pays the corrected tax bill issued under this subsection              

                                                                                

19  within 30 days after the corrected tax bill is issued, that owner           

                                                                                

20  is not liable for any penalty or interest on the additional tax.            

                                                                                

21  An owner who pays a corrected tax bill issued under this                    

                                                                                

22  subsection more than 30 days after the corrected tax bill is                

                                                                                

23  issued is liable for the penalties and interest that would have             

                                                                                

24  accrued if the exemption had not been granted from the date the             

                                                                                

25  taxes were originally levied.                                               

                                                                                

26      Sec. 24c.  (1) The assessor shall give to each owner or                     

                                                                                

27  person or persons listed on the assessment roll of the property a           


                                                                                

1   notice by first-class mail of an increase in the tentative state            

                                                                                

2   equalized valuation or the tentative taxable value for the year.            

                                                                                

3   The notice shall specify each parcel of property, the tentative             

                                                                                

4   taxable value for the current year, and the taxable value for the           

                                                                                

5   immediately preceding year.  The notice shall also specify the              

                                                                                

6   time and place of the meeting of the board of review.  The notice           

                                                                                

7   shall also specify the difference between the property's                    

                                                                                

8   tentative taxable value in the current year and the property's              

                                                                                

9   taxable value in the immediately preceding year.                            

                                                                                

10      (2) The notice shall include, in addition to the information                

                                                                                

11  required by subsection (1), all of the following:                           

                                                                                

12      (a) The state equalized valuation for the immediately                       

                                                                                

13  preceding year.                                                             

                                                                                

14      (b) The tentative state equalized valuation for the current                 

                                                                                

15  year.                                                                       

                                                                                

16      (c) The net change between the tentative state equalized                    

                                                                                

17  valuation for the current year and the state equalized valuation            

                                                                                

18  for the immediately preceding year.                                         

                                                                                

19      (d) The classification of the property as defined by section                

                                                                                

20  34c.                                                                        

                                                                                

21      (e) The inflation rate for the immediately preceding year as                

                                                                                

22  defined in section 34d.                                                     

                                                                                

23      (f) A statement provided by the state tax commission                        

                                                                                

24  explaining the relationship between state equalized valuation and           

                                                                                

25  taxable value.  If the assessor believes that a transfer of                 

                                                                                

26  ownership has occurred in the immediately preceding year, the               

                                                                                

27  statement shall state that the ownership was transferred and that           


                                                                                

1   the taxable value of that property is the same as the state                 

                                                                                

2   equalized valuation of that property.                                       

                                                                                

3       (3) When required by the income tax act of 1967, 1967 PA 281,               

                                                                                

4   MCL 206.1 to 206.532, the assessment notice shall include or be             

                                                                                

5   accompanied by information or forms prescribed by the income tax            

                                                                                

6   act of 1967, 1967 PA 281, MCL 206.1 to 206.532.                             

                                                                                

7       (4) The assessment notice shall be addressed to the owner                   

                                                                                

8   according to the records of the assessor and mailed not less than           

                                                                                

9   10 days before the meeting of the board of review.  The failure             

                                                                                

10  to send or receive an assessment notice does not invalidate an              

                                                                                

11  assessment roll or an assessment on that property.                          

                                                                                

12      (5) The tentative state equalized valuation shall be                        

                                                                                

13  calculated by multiplying the assessment by the tentative                   

                                                                                

14  equalized valuation multiplier.  If the assessor has made                   

                                                                                

15  assessment adjustments that would have changed the tentative                

                                                                                

16  multiplier, the assessor may recalculate the multiplier for use             

                                                                                

17  in the notice.                                                              

                                                                                

18      (6) The state tax commission shall prepare a model assessment               

                                                                                

19  notice form that shall be made available to local units of                  

                                                                                

20  government.                                                                 

                                                                                

21      (7)  Beginning in 1995 through 2003, the  The assessment                    

                                                                                

22  notice under subsection (1) shall include the following                     

                                                                                

23  statement:                                                                  

                                                                                

                                                                                

                                                                                

24       "If you purchased your  homestead  principal                           

                                                                                

25       residence after May 1 last year, to claim the                          

                                                                                

26        homestead  principal residence exemption, if you                      


                                                                                

1        have not already done so, you are required to file an                  

                                                                                

2        affidavit before May 1.".                                              

                                                                                

3       (8) Beginning in 2004, the assessment notice under                          

                                                                                

4   subsection (1) shall include the following statement:                       

                                                                                

                                                                                

                                                                                

5        "If you purchased your principal residence after                       

                                                                                

6        December 31 last year, to claim the principal                          

                                                                                

7        residence exemption for next year, if you have not                     

                                                                                

8        already done so, you are required to file an                           

                                                                                

9        affidavit on or before December 31 this year.".                        

                                                                                

10      (8)  (9)  For taxes levied after December 31, 2003, the                     

                                                                                

11  assessment notice under subsection (1) shall separately state the           

                                                                                

12  state equalized valuation and taxable value for any leasehold               

                                                                                

13  improvements.