HB-5168, As Passed Senate, December 17, 2003                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                          SENATE SUBSTITUTE FOR                                 

                                                                                

                           HOUSE BILL NO. 5168                                  

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                 A bill to amend 1893 PA 206, entitled                                             

                                                                                

    "The general property tax act,"                                             

                                                                                

    by amending sections 7cc, 7ee, 24c, and 154 (MCL 211.7cc,                   

                                                                                

    211.7ee, 211.24c, and 211.154), sections 7cc and 24c as amended             

                                                                                

    by 2003 PA 140, section 7ee as amended by 2003 PA 105, and                  

                                                                                

    section 154 as amended by 2000 PA 281.                                      

                                                                                

                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            

                                                                                


                                                                                

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

                                                                                

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

                                                                                

3   principal residence shall be determined on the tax day provided             

                                                                                

4   in section 2.                                                               

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

17  forwarded to the department of treasury pursuant to subsection              

                                                                                

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

                                                                                

19  (27)  (26) for a cooperative housing corporation.  The affidavit           

                                                                                

20  shall require the owner claiming the exemption to indicate if               

                                                                                

21  that owner or that owner's spouse has claimed another exemption             

                                                                                

22  on property in this state that is not rescinded or a                        

                                                                                

23  substantially similar exemption, deduction, or credit on property           

                                                                                

24  in another state that is not rescinded.  If the affidavit                   

                                                                                

25  requires an owner to include a social security number, that                 

                                                                                

26  owner's number is subject to the disclosure restrictions in 1941            

                                                                                

27  PA 122, MCL 205.1 to 205.31.  If an owner of property filed an              


                                                                                

1   affidavit for an exemption under this section before January 1,             

                                                                                

2   2004, that affidavit shall be considered the affidavit required             

                                                                                

3   under this subsection for a principal residence exemption and               

                                                                                

4   that exemption shall remain in effect until rescinded as provided           

                                                                                

5   in this section.                                                            

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

10  this section if any of the following conditions occur:                      

                                                                                

11      (a) That person has claimed a substantially similar                         

                                                                                

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

                                                                                

13  is not rescinded.                                                           

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

17  or credit substantially similar to the exemption provided under             

                                                                                

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

                                                                                

19  separate income tax returns.                                                

                                                                                

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

                                                                                

21  return, except active duty military personnel stationed in this             

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

25  personnel stationed in this state with his or her principal                 

                                                                                

26  residence in this state.                                                    

                                                                                

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


                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

4   the following conditions is satisfied:                                      

                                                                                

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

                                                                                

6   for any other property for that tax year.                                   

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

10  that property.                                                              

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

16  1976 PA 451, MCL 380.1211, as provided in subsection (1) until              

                                                                                

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

                                                                                

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

                                                                                

19  The local tax collecting unit shall forward copies of affidavits            

                                                                                

20  to the department of treasury according to a schedule prescribed            

                                                                                

21  by the department of treasury.                                              

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

25  filing with the local tax collecting unit a rescission form                 

                                                                                

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

                                                                                

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


                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

4   205.31, and shall be deposited in the state school aid fund                 

                                                                                

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

                                                                                

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

                                                                                

7   treasury.                                                                   

                                                                                

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

                                                                                

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

                                                                                

10  principal residence of the owner claiming the exemption, the                

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

14  the residential and small claims division of the Michigan tax               

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

23  previously unpaid  any additional taxes with interest at the               

                                                                                

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

                                                                                

25  computed from the date the taxes were last payable without                  

                                                                                

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

                                                                                

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


                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

6   Additional interest  Interest on any tax set forth in a                    

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

12  succeeding the year in which the corrected or supplemental tax              

                                                                                

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

                                                                                

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

                                                                                

15  subsection  (24)  (23).  However, if the property has been                  

                                                                                

16  transferred to a bona fide purchaser before additional taxes were           

                                                                                

17  billed to the seller as a result of the denial of a claim for               

                                                                                

18  exemption, the taxes, interest, and penalties shall not be a lien           

                                                                                

19  on the property and shall not be billed to the bona fide                    

                                                                                

20  purchaser, and the local tax collecting unit if the local tax               

                                                                                

21  collecting unit has possession of the tax roll or the county                

                                                                                

22  treasurer if the county has possession of the tax roll shall                

                                                                                

23  notify the department of treasury of the amount of tax due,                 

                                                                                

24  interest, and penalties through the date of that notification.              

                                                                                

25  The department of treasury shall then assess the owner who                  

                                                                                

26  claimed the exemption under this section for the tax, interest,             

                                                                                

27  and penalties accruing as a result of the denial of the claim for           


                                                                                

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

                                                                                

2   122, MCL 205.1 to 205.31, and shall deposit any tax or penalty              

                                                                                

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

                                                                                

4   interest collected as provided in subsection  (24)  (23).  The              

                                                                                

5   denial shall be made on a form prescribed by the department of              

                                                                                

6   treasury.  If the property for which the assessor has denied a              

                                                                                

7   claim for exemption under this subsection is located in a county            

                                                                                

8   in which the county treasurer or the county equalization director           

                                                                                

9   have elected to audit exemptions under subsection (10), the                 

                                                                                

10  assessor shall notify the county treasurer or the county                    

                                                                                

11  equalization director of the denial under this subsection.                  

                                                                                

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

                                                                                

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

                                                                                

14  principal residence of the owner claiming the exemption and has             

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

18  recommendation for denial to the department of treasury, stating            

                                                                                

19  the reasons for the recommendation.                                         

                                                                                

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

                                                                                

21  property is the principal residence of the owner claiming the               

                                                                                

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

                                                                                

23  exemptions for the current calendar year and for the 3                      

                                                                                

24  immediately preceding calendar years.  If the department of                 

                                                                                

25  treasury determines that the property is not the principal                  

                                                                                

26  residence of the owner claiming the exemption, the department               

                                                                                

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


                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

4   claiming the exemption of the right to appeal the determination             

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

8   request for information from that department.  An owner may                 

                                                                                

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

                                                                                

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

                                                                                

11  appeal to the department of treasury shall be conducted according           

                                                                                

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

                                                                                

13  1941 PA 122, MCL 205.21.  Within 10 days after acknowledging an             

                                                                                

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

                                                                                

15  treasury shall notify the assessor and the treasurer for the                

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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


                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

5   last payable without interest or penalty.   Additional interest             

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

10  supplemental tax bill shall be returned as delinquent on the                

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

14  due shall be distributed as provided in subsection  (24)  (23).             

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

20  collecting unit if the local tax collecting unit has possession             

                                                                                

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

                                                                                

22  possession of the tax roll shall notify the department of                   

                                                                                

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

                                                                                

24  of that notification.  The department of treasury shall then                

                                                                                

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

                                                                                

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

                                                                                

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


                                                                                

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

                                                                                

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

                                                                                

3   fund and shall distribute any interest collected as provided in             

                                                                                

4   subsection  (24)  (23).                                                     

                                                                                

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

                                                                                

6   regarding the implementation or administration of subsection (8)            

                                                                                

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

                                                                                

8   that has not elected to audit exemptions claimed under this                 

                                                                                

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

                                                                                

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

                                                                                

11  department of treasury will not deny an exemption identified by             

                                                                                

12  the department of treasury in the list provided under subsection            

                                                                                

13  (11).                                                                       

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

18  county equalization director with the concurrence by resolution             

                                                                                

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

                                                                                

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

                                                                                

21  Subsequent elections to audit exemptions shall be made every 2              

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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


                                                                                

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

                                                                                

2   audit the exemptions claimed under this section, the department             

                                                                                

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

                                                                                

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

                                                                                

5   the exemptions claimed under this section as provided in this               

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

10  assessor for that local tax collecting unit under subsection                

                                                                                

11  (9).                                                                        

                                                                                

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

                                                                                

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

                                                                                

14  treasurer or his or her designee or the county equalization                 

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

25  designee or the county equalization director or his or her                  

                                                                                

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

                                                                                

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


                                                                                

1   treasurer or his or her designee or the county equalization                 

                                                                                

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

                                                                                

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

                                                                                

4   county equalization director or his or her designee shall direct            

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

11  30 days of the date of the denial issue a corrected tax bill for            

                                                                                

12  previously unpaid  any additional taxes with interest at the               

                                                                                

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

                                                                                

14  computed from the date the taxes were last payable without                  

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

22  Additional interest  Interest on any tax set forth in a                    

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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


                                                                                

1   succeeding the year in which the corrected or supplemental tax              

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

5   distributed as provided in subsection  (24)  (23).  However, if             

                                                                                

6   the property has been transferred to a bona fide purchaser before           

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

15  department of treasury shall then assess the owner who claimed              

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

19  122, MCL 205.1 to 205.31, and shall deposit any tax or penalty              

                                                                                

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

                                                                                

21  interest collected as provided in subsection  (24)  (23).  The              

                                                                                

22  department of treasury shall annually provide the county                    

                                                                                

23  treasurer or his or her designee or the county equalization                 

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

27  county equalization director or his or her designee shall forward           


                                                                                

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

                                                                                

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

                                                                                

3   10 days of receiving the list.                                              

                                                                                

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

                                                                                

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

                                                                                

6   or the county equalization director may enter into an agreement             

                                                                                

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

                                                                                

8   regarding the implementation or administration of this section.             

                                                                                

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

                                                                                

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

                                                                                

11  by the department of treasury in the list provided under                    

                                                                                

12  subsection (11).                                                            

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

17  equalization director or his or her designee under subsection               

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

22  to receive a final determination of the residential and small               

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

26  were last payable without interest and penalty.  If the                     

                                                                                

27  residential and small claims division of the Michigan tax                   


                                                                                

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

                                                                                

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

                                                                                

3   (6), (8), or (11), the interest received after a distribution was           

                                                                                

4   made under subsection  (24)  (23) shall be refunded.                        

                                                                                

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

                                                                                

6   county in which the county treasurer or the county equalization             

                                                                                

7   director does not elect to audit the exemptions claimed under               

                                                                                

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

                                                                                

9   treasury shall conduct an annual audit of exemptions claimed                

                                                                                

10  under this section for the current calendar year.                           

                                                                                

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

                                                                                

12  this section rescinds all previous exemptions filed by that owner           

                                                                                

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

                                                                                

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

                                                                                

15  property for which a previous exemption was claimed is located              

                                                                                

16  that the previous exemption is rescinded by the subsequent                  

                                                                                

17  affidavit.   Upon receipt of notice that  When an exemption is              

                                                                                

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

                                                                                

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

                                                                                

20  the  property is transferred or is no longer a principal                    

                                                                                

21  residence as defined in section 7dd.  The assessor of the local             

                                                                                

22  tax collecting unit in which that property is located shall                 

                                                                                

23  notify the treasurer in possession of the tax roll for a year for           

                                                                                

24  which the exemption is rescinded.  If the tax roll is in the                

                                                                                

25  local tax collecting unit's possession, the tax roll shall be               

                                                                                

26  amended to reflect the rescission and the local treasurer shall             

                                                                                

27  prepare and issue a corrected tax bill for previously unpaid                


                                                                                

1   taxes with interest and penalties computed based on the interest            

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

6   rescission and the county treasurer shall prepare and submit a              

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

11  local tax collecting unit if the local tax collecting unit has              

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

15  of that notification.  The department of treasury shall then                

                                                                                

16  assess the owner who received the exemption under this section              

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

20  205.31, and shall deposit any tax, interest, or penalty collected           

                                                                                

21  into the state school aid fund.  affidavit was filed that                   

                                                                                

22  rescinded the exemption.  For any year for which the rescinded              

                                                                                

23  exemption has not been removed from the tax roll, the exemption             

                                                                                

24  shall be denied as provided in this section.  However, interest             

                                                                                

25  and penalty shall not be imposed for a year for which a                     

                                                                                

26  rescission form has been timely filed under subsection (5).                 

                                                                                

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


                                                                                

1   rescinded may appeal that rescission with either the July or                

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

10  review to the residential and small claims division of the                  

                                                                                

11  Michigan tax tribunal within 35 days of that decision.                      

                                                                                

12      (16)  (17)  If the principal residence is part of a unit in a               

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

22  department of treasury.                                                     

                                                                                

23      (17)  (18)  When a county register of deeds records a                       

                                                                                

24  transfer of ownership of a property, he or she shall notify the             

                                                                                

25  local tax collecting unit in which the property is located of the           

                                                                                

26  transfer.                                                                   

                                                                                

27      (18)  (19)  The department of treasury shall make available                 


                                                                                

1   the affidavit forms and the forms to rescind an exemption, which            

                                                                                

2   may be on the same form, to all city and township assessors,                

                                                                                

3   county equalization officers, county registers of deeds, and                

                                                                                

4   closing agents.  A person who prepares a closing statement for              

                                                                                

5   the sale of property shall provide affidavit and rescission forms           

                                                                                

6   to the buyer and seller at the closing and, if requested by the             

                                                                                

7   buyer or seller after execution by the buyer or seller, shall               

                                                                                

8   file the forms with the local tax collecting unit in which the              

                                                                                

9   property is located.  If a closing statement preparer fails to              

                                                                                

10  provide exemption affidavit and rescission forms to the buyer and           

                                                                                

11  seller, or fails to file the affidavit and rescission forms with            

                                                                                

12  the local tax collecting unit if requested by the buyer or                  

                                                                                

13  seller, the buyer may appeal to the department of treasury within           

                                                                                

14  30 days of notice to the buyer that an exemption was not                    

                                                                                

15  recorded.  If the department of treasury determines that the                

                                                                                

16  buyer qualifies for the exemption, the department of treasury               

                                                                                

17  shall notify the assessor of the local tax collecting unit that             

                                                                                

18  the exemption is granted and the assessor of the local tax                  

                                                                                

19  collecting unit or, if the tax roll is in the possession of the             

                                                                                

20  county treasurer, the county treasurer shall correct the tax roll           

                                                                                

21  to reflect the exemption.  This subsection does not create a                

                                                                                

22  cause of action at law or in equity against a closing statement             

                                                                                

23  preparer who fails to provide exemption affidavit and rescission            

                                                                                

24  forms to a buyer and seller or who fails to file the affidavit              

                                                                                

25  and rescission forms with the local tax collecting unit when                

                                                                                

26  requested to do so by the buyer or seller.                                  

                                                                                

27      (19)  (20)  An owner who owned and occupied a principal                     


                                                                                

1   residence on May 1  for taxes levied before January 1, 2004 and             

                                                                                

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

                                                                                

3   December 31, 2003  for which the exemption was not on the tax               

                                                                                

4   roll may file an appeal with the July board of review or December           

                                                                                

5   board of review in the year for which the exemption was claimed             

                                                                                

6   or the immediately succeeding 3 years.  If an appeal of a claim             

                                                                                

7   for exemption that was not on the tax roll is received not later            

                                                                                

8   than 5 days prior to the date of the December board of review,              

                                                                                

9   the local tax collecting unit shall convene a December board of             

                                                                                

10  review and consider the appeal pursuant to this section and                 

                                                                                

11  section 53b.                                                                

                                                                                

12      (20)  (21)  If the assessor or treasurer of the local tax                   

                                                                                

13  collecting unit believes that the department of treasury                    

                                                                                

14  erroneously denied a claim for exemption, the assessor or                   

                                                                                

15  treasurer may submit written information supporting the owner's             

                                                                                

16  claim for exemption to the department of treasury within 35 days            

                                                                                

17  of the owner's receipt of the notice denying the claim for                  

                                                                                

18  exemption.  If, after reviewing the information provided, the               

                                                                                

19  department of treasury determines that the claim for exemption              

                                                                                

20  was erroneously denied, the department of treasury shall grant              

                                                                                

21  the exemption and the tax roll shall be amended to reflect the              

                                                                                

22  exemption.                                                                  

                                                                                

23      (21)  (22)  If granting the exemption under this section                    

                                                                                

24  results in an overpayment of the tax, a rebate, including any               

                                                                                

25  interest paid, shall be made to the taxpayer by the local tax               

                                                                                

26  collecting unit if the local tax collecting unit has possession             

                                                                                

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


                                                                                

1   possession of the tax roll within 30 days of the date the                   

                                                                                

2   exemption is granted.  The rebate shall be without interest.                

                                                                                

3       (22)  (23)  If an exemption under this section is erroneously               

                                                                                

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

                                                                                

5   may request in writing that the department of treasury withdraw             

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

9   issue an order notifying the local assessor that the exemption              

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

18  collecting unit if the local tax collecting unit has possession             

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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


                                                                                

1   penalties and interest that would have accrued if the exemption             

                                                                                

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

                                                                                

3   levied.                                                                     

                                                                                

4       (23)  (24)  Subject to subsection  (25)  (24), interest at                  

                                                                                

5   the rate of 1.25% per month or fraction of a month collected                

                                                                                

6   under subsection (6), (8), or (11) shall be distributed as                  

                                                                                

7   follows:                                                                    

                                                                                

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

                                                                                

9   the exemption under this section, as follows:                               

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

14  section, as follows:                                                        

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

19  county equalization director or his or her designee denies the              

                                                                                

20  exemption under this section, as follows:                                   

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

24      (24)  (25)  Interest distributed under subsection  (24)  (23)               

                                                                                

25  is subject to the following conditions:                                     

                                                                                

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

                                                                                

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


                                                                                

1   exemptions under this section.  Money in that restricted fund               

                                                                                

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

                                                                                

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

                                                                                

4   county under subsection  (24)  (23) and on each succeeding                  

                                                                                

5   December 31 thereafter.                                                     

                                                                                

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

                                                                                

7   be deposited into the principal residence property tax exemption            

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

16  appropriation, only for the purpose of auditing exemption                   

                                                                                

17  affidavits.                                                                 

                                                                                

18      (25)  (26)  Interest distributed under subsection  (24)  (23)               

                                                                                

19  is in addition to and shall not affect the levy or collection of            

                                                                                

20  the county property tax administration fee established under this           

                                                                                

21  act.                                                                        

                                                                                

22      (26)  (27)  A cooperative housing corporation is entitled to                

                                                                                

23  a full or partial exemption under this section for the tax year             

                                                                                

24  in which the cooperative housing corporation files all of the               

                                                                                

25  following with the local tax collecting unit in which the                   

                                                                                

26  cooperative housing corporation is located if filed on or before            

                                                                                

27  May 1:  for taxes levied before January 1, 2004 and the tax day             


                                                                                

1   as provided in section 2 for taxes levied after December 31,                

                                                                                

2   2003:                                                                       

                                                                                

3       (a) An affidavit form.                                                      

                                                                                

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

                                                                                

5   cooperative housing corporation and occupied as the principal               

                                                                                

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

                                                                                

7   under this subsection.                                                      

                                                                                

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

                                                                                

9   security number of each tenant stockholder of the cooperative               

                                                                                

10  housing corporation occupying a unit in the cooperative housing             

                                                                                

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

                                                                                

12  the filing under this subsection.                                           

                                                                                

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

                                                                                

14  cooperative housing corporation on which an exemption under this            

                                                                                

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

                                                                                

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

                                                                                

17  section was made.                                                           

                                                                                

18      (27)  (28)  Before May 1, 2004 and before May 1, 2005, the                  

                                                                                

19  treasurer of each county shall forward to the department of                 

                                                                                

20  education a statement of the taxable value of each school                   

                                                                                

21  district and fraction of a school district within the county for            

                                                                                

22  the preceding 4 calendar years.  This requirement is in addition            

                                                                                

23  to the requirement set forth in section 151 of the state school             

                                                                                

24  aid act of 1979, 1979 PA 94, MCL 388.1751.                                  

                                                                                

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

                                                                                

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

                                                                                

27  operating purposes to the extent provided under section 1211 of             


                                                                                

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

                                                                                

2   the provisions of this section.                                             

                                                                                

3       (2) Qualified agricultural property that is classified as                   

                                                                                

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

                                                                                

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

                                                                                

6   exemption with the local tax collecting unit unless requested by            

                                                                                

7   the assessor to determine whether the property includes                     

                                                                                

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

                                                                                

9   exemption under subsection (1) for qualified agricultural                   

                                                                                

10  property that is not classified as agricultural under section               

                                                                                

11  34c, the owner shall file an affidavit claiming the exemption               

                                                                                

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

                                                                                

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

                                                                                

14  for taxes levied after December 31, 2003.                                   

                                                                                

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

                                                                                

16  department of treasury.                                                     

                                                                                

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

                                                                                

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

                                                                                

19  classified as agricultural, the assessor shall determine if the             

                                                                                

20  property is qualified agricultural property and if so shall                 

                                                                                

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

                                                                                

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

                                                                                

23  property is no longer qualified agricultural property as defined            

                                                                                

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

                                                                                

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

                                                                                

26  subsection (2).                                                             

                                                                                

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


                                                                                

1   exempted property is no longer qualified agricultural property,             

                                                                                

2   the owner shall rescind the exemption for the applicable portion            

                                                                                

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

                                                                                

4   rescission form prescribed by the department of treasury.  An               

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

12  department of treasury.                                                     

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

18  the year the exemption was claimed or the immediately succeeding            

                                                                                

19  year.  An owner of property that is qualified agricultural                  

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

26  board of review.                                                            

                                                                                

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


                                                                                

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

                                                                                

2   qualified agricultural property, the assessor may deny or modify            

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

7   review may be appealed to the residential and small claims                  

                                                                                

8   division of the Michigan tax tribunal.                                      

                                                                                

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

                                                                                

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

                                                                                

11  collecting unit withdraw the exemption.  If an owner requests               

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

17  collecting unit if the local tax collecting unit has possession             

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

24  owner requests that an exemption under this section be withdrawn            

                                                                                

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

                                                                                

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

                                                                                

27  owner pays the corrected tax bill issued under this subsection              


                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

7   taxes were originally levied.                                               

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

14  immediately preceding year.  The notice shall also specify the              

                                                                                

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

                                                                                

16  shall also specify the difference between the property's                    

                                                                                

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

                                                                                

18  taxable value in the immediately preceding year.                            

                                                                                

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

                                                                                

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

                                                                                

21      (a) The state equalized valuation for the immediately                       

                                                                                

22  preceding year.                                                             

                                                                                

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

                                                                                

24  year.                                                                       

                                                                                

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

                                                                                

26  valuation for the current year and the state equalized valuation            

                                                                                

27  for the immediately preceding year.                                         


                                                                                

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

                                                                                

2   34c.                                                                        

                                                                                

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

                                                                                

4   defined in section 34d.                                                     

                                                                                

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

                                                                                

6   explaining the relationship between state equalized valuation and           

                                                                                

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

                                                                                

8   ownership has occurred in the immediately preceding year, the               

                                                                                

9   statement shall state that the ownership was transferred and that           

                                                                                

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

                                                                                

11  equalized valuation of that property.                                       

                                                                                

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

                                                                                

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

                                                                                

14  accompanied by information or forms prescribed by the income tax            

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

18  10 days before the meeting of the board of review.  The failure             

                                                                                

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

                                                                                

20  assessment roll or an assessment on that property.                          

                                                                                

21      (5) The tentative state equalized valuation shall be                        

                                                                                

22  calculated by multiplying the assessment by the tentative                   

                                                                                

23  equalized valuation multiplier.  If the assessor has made                   

                                                                                

24  assessment adjustments that would have changed the tentative                

                                                                                

25  multiplier, the assessor may recalculate the multiplier for use             

                                                                                

26  in the notice.                                                              

                                                                                

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


                                                                                

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

                                                                                

2   government.                                                                 

                                                                                

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

                                                                                

4   notice under subsection (1) shall include the following                     

                                                                                

5   statement:                                                                  

                                                                                

                                                                                

                                                                                

6        "If you purchased your  homestead  principal                           

                                                                                

7        residence after May 1 last year, to claim the                          

                                                                                

8         homestead  principal residence exemption, if you                      

                                                                                

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

                                                                                

10       affidavit before May 1.".                                              

                                                                                

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

                                                                                

12  subsection (1) shall include the following statement:                       

                                                                                

                                                                                

                                                                                

13       "If you purchased your principal residence after                       

                                                                                

14       December 31 last year, to claim the principal                          

                                                                                

15       residence exemption for next year, if you have not                     

                                                                                

16       already done so, you are required to file an                           

                                                                                

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

                                                                                

18      (8)  (9)  For taxes levied after December 31, 2003, the                     

                                                                                

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

                                                                                

20  state equalized valuation and taxable value for any leasehold               

                                                                                

21  improvements.                                                               

                                                                                

22      Sec. 154.  (1) If the state tax commission determines that                  

                                                                                

23  property  liable to taxation  subject to the collection of taxes            

                                                                                

24  under this act, including property subject to taxation under 1974           

                                                                                

25  PA 198, MCL 207.551 to 207.572, 1905 PA 282, MCL 207.1 to 207.21,           


                                                                                

1   1953 PA 189, MCL 211.181 to 211.182, and the commercial                     

                                                                                

2   redevelopment act, 1978 PA 255, MCL 207.651 to 207.668, has been            

                                                                                

3   incorrectly reported or omitted for any previous year, but not to           

                                                                                

4   exceed the current assessment year and 2 years immediately                  

                                                                                

5   preceding the date  of discovery and disclosure  the incorrect              

                                                                                

6   reporting or omission was discovered and disclosed to the state             

                                                                                

7   tax commission,  of the incorrect reporting or omission,  the               

                                                                                

8   state tax commission shall place the corrected assessment value             

                                                                                

9   for the appropriate years on the appropriate assessment roll.               

                                                                                

10  The state tax commission shall issue an order certifying to the             

                                                                                

11  treasurer of the local tax collecting unit if the local tax                 

                                                                                

12  collecting unit has possession of a tax roll for a year for which           

                                                                                

13  an assessment change is made or the county treasurer if the                 

                                                                                

14  county has possession of a tax roll for a year for which an                 

                                                                                

15  assessment change is made the amount of taxes due as computed by            

                                                                                

16  the correct annual rate of taxation for each year except the                

                                                                                

17  current year.  Taxes computed under this section shall not be               

                                                                                

18  spread against the property for a period before the last change             

                                                                                

19  of ownership of the property.                                               

                                                                                

20      (2) If an assessment change made under this section results                 

                                                                                

21  in increased property taxes, the additional taxes shall be                  

                                                                                

22  collected by the treasurer of the local tax collecting unit if              

                                                                                

23  the local tax collecting unit has possession of a tax roll for a            

                                                                                

24  year for which an assessment change is made or by the county                

                                                                                

25  treasurer if the county has possession of a tax roll for a year             

                                                                                

26  for which an assessment change is made.  Not later than 20 days             

                                                                                

27  after receiving the order certifying the amount of taxes due                


                                                                                

1   under subsection (1), the treasurer of the local tax collecting             

                                                                                

2   unit if the local tax collecting unit has possession of a tax               

                                                                                

3   roll for a year for which an assessment change is made or the               

                                                                                

4   county treasurer if the county has possession of a tax roll for a           

                                                                                

5   year for which an assessment change is made shall submit a                  

                                                                                

6   corrected tax bill, itemized by taxing jurisdiction, to each                

                                                                                

7   person identified in the order and to the owner of the property             

                                                                                

8   on which the additional taxes are assessed, if different than a             

                                                                                

9   person named in the order, by first-class mail, address                     

                                                                                

10  correction requested.  Except for real property subject to                  

                                                                                

11  taxation under 1974 PA 198, MCL 207.551 to  207.562  207.572,               

                                                                                

12  1905 PA 282, MCL 207.1 to 207.21, 1953 PA 189, MCL 211.181 to               

                                                                                

13  211.182, and the commercial redevelopment act, 1978 PA 255, MCL             

                                                                                

14  207.651 to 207.668, and for real property only, if the additional           

                                                                                

15  taxes remain unpaid on the March 1 in the year immediately                  

                                                                                

16  succeeding the year in which the state tax commission issued the            

                                                                                

17  order certifying the additional taxes under subsection (1), the             

                                                                                

18  real property on which the additional taxes are due shall be                

                                                                                

19  returned as delinquent to the county treasurer.  Real property              

                                                                                

20  returned for delinquent taxes under this section, and upon which            

                                                                                

21  taxes, interest, penalties, and fees remain unpaid after the                

                                                                                

22  property is returned as delinquent to the county treasurer, is              

                                                                                

23  subject to forfeiture, foreclosure, and sale for the enforcement            

                                                                                

24  and collection of the delinquent taxes as provided in sections 78           

                                                                                

25  to 79a.                                                                     

                                                                                

26      (3) Except as otherwise provided in subsection (4), a                       

                                                                                

27  corrected tax bill based on an assessment roll corrected for                


                                                                                

1   incorrectly reported or omitted personal property that is issued            

                                                                                

2   after the effective date of the amendatory act that added this              

                                                                                

3   subsection shall include penalty and interest at the rate of                

                                                                                

4   1.25% per month or fraction of a month from the date the taxes              

                                                                                

5   originally could have been paid without interest or penalty.  If            

                                                                                

6   the tax bill has not been paid within 60 days after the corrected           

                                                                                

7   tax bill is issued, interest shall again begin to accrue at the             

                                                                                

8   rate of 1.25% per month or fraction of a month.                             

                                                                                

9       (4) If a person requests that an increased assessment due to                

                                                                                

10  incorrectly reported or omitted personal property be added to the           

                                                                                

11  assessment roll under this section before March 1, 2004 with                

                                                                                

12  respect to statements filed or required to be filed under section           

                                                                                

13  19 for taxes levied before January 1, 2004, and the corrected tax           

                                                                                

14  bill issued under this subsection is paid within 30 days after              

                                                                                

15  the corrected tax bill is issued, that person is not liable for             

                                                                                

16  any penalty or interest on that portion of the additional tax               

                                                                                

17  attributable to the increased assessment resulting from that                

                                                                                

18  request.  However, a person who pays a corrected tax bill issued            

                                                                                

19  under this subsection more than 30 days after the corrected tax             

                                                                                

20  bill is issued is liable for the penalties and interest imposed             

                                                                                

21  under subsection (3).                                                       

                                                                                

22      (5) Except as otherwise provided in this section, the                       

                                                                                

23  treasurer of the local tax collecting unit or the county                    

                                                                                

24  treasurer shall disburse the payments of interest received to               

                                                                                

25  this state and to a city, township, village, school district,               

                                                                                

26  county, and authority, in the same proportion as required for the           

                                                                                

27  disbursement of taxes collected under this act.  The amount to be           


                                                                                

1   disbursed to a local school district, except for that amount of             

                                                                                

2   interest attributable to mills levied under section 1211(2) or              

                                                                                

3   1211c of the revised school code, 1976 PA 451, MCL 380.1211 and             

                                                                                

4   380.1211c, and mills that are not included as mills levied for              

                                                                                

5   school operating purposes under section 1211 of the revised                 

                                                                                

6   school code, 1976 PA 451, MCL 380.1211, shall be paid to the                

                                                                                

7   state treasury and credited to the state school aid fund                    

                                                                                

8   established by section 11 of article IX of the state constitution           

                                                                                

9   of 1963.  For an intermediate school district receiving state aid           

                                                                                

10  under section 56, 62, or 81 of the state school aid act of 1979,            

                                                                                

11  1979 PA 94, MCL 388.1656, 388.1662, and 388.1681, of the interest           

                                                                                

12  that would otherwise be disbursed to or retained by the                     

                                                                                

13  intermediate school district, all or a portion, to be determined            

                                                                                

14  on the basis of the tax rates being utilized to compute the                 

                                                                                

15  amount of the state school aid, shall be paid instead to the                

                                                                                

16  state treasury and credited to the state school aid fund                    

                                                                                

17  established by section 11 of article IX of the state constitution           

                                                                                

18  of 1963.                                                                    

                                                                                

19      (6)  (3)  If an assessment change made under this section                   

                                                                                

20  results in a decreased tax liability, a refund of excess tax                

                                                                                

21  payments shall be made by the county treasurer and shall include            

                                                                                

22  interest at the rate of 1% per month or fraction of a month for             

                                                                                

23  taxes levied before January 1, 1997 and interest at the rate                

                                                                                

24  provided under section 37 of the tax tribunal act, 1973 PA 186,             

                                                                                

25  MCL 205.737, for taxes levied after December 31, 1996, from the             

                                                                                

26  date of the payment of the tax to the date of the payment of the            

                                                                                

27  refund.  The county treasurer shall charge a refund of excess tax           


                                                                                

1   payments under this subsection to the various taxing                        

                                                                                

2   jurisdictions in the same proportion as the taxes levied.                   

                                                                                

3       (7)  (4)  A person to whom property is assessed under this                  

                                                                                

4   section may appeal the state tax commission's order to the                  

                                                                                

5   Michigan tax tribunal.