HOUSE BILL No. 5168

 

October 14, 2003, Introduced by Rep. Ward and referred to the Committee on Tax Policy.

        

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                 A bill to amend 1893 PA 206, entitled                                             

                                                                                

    "The general property tax act,"                                             

                                                                                

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

                                                                                

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

                                                                                

    section 7ee as amended by 2003 PA 105.                                      

                                                                                

                THE PEOPLE OF THE STATE OF MICHIGAN ENACT:                      

                                                                                

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

                                                                                

2   levied by a local school district for school operating purposes             

                                                                                

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

                                                                                

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

                                                                                

5   residence claims an exemption as provided in this section.                  

                                                                                

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

                                                                                

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

                                                                                

8   principal residence shall be determined on the date an affidavit            

                                                                                

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

                                                                                


                                                                                

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

                                                                                

2   principal residence shall be determined on the tax day provided             

                                                                                

3   in section 2.                                                               

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

16  forwarded to the department of treasury pursuant to subsection              

                                                                                

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

                                                                                

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

                                                                                

19  require the owner claiming the exemption to indicate if that                

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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


                                                                                

1   affidavit shall be considered the affidavit required under this             

                                                                                

2   subsection for a principal residence exemption and that exemption           

                                                                                

3   shall remain in effect until rescinded as provided in this                  

                                                                                

4   section.                                                                    

                                                                                

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

                                                                                

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

                                                                                

7   than 1 exemption under this section.  A person is not entitled to           

                                                                                

8   an exemption under this section if any of the following                     

                                                                                

9   conditions occur:                                                           

                                                                                

10      (a) That person has claimed a substantially similar                         

                                                                                

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

                                                                                

12  is not rescinded.                                                           

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

16  or credit substantially similar to the exemption provided under             

                                                                                

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

                                                                                

18  separate income tax returns.                                                

                                                                                

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

                                                                                

20  return, except active duty military personnel stationed in this             

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

24  personnel stationed in this state with his or her principal                 

                                                                                

25  residence in this state.                                                    

                                                                                

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

                                                                                

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


                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

4   1976 PA 451, MCL 380.1211, as provided in subsection (1) until              

                                                                                

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

                                                                                

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

                                                                                

7   The local tax collecting unit shall forward copies of affidavits            

                                                                                

8   to the department of treasury according to a schedule prescribed            

                                                                                

9   by the department of treasury.                                              

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

13  filing with the local tax collecting unit a rescission form                 

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

19  205.31, and shall be deposited in the state school aid fund                 

                                                                                

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

                                                                                

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

                                                                                

22  treasury.                                                                   

                                                                                

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

                                                                                

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

                                                                                

25  principal residence of the owner claiming the exemption, the                

                                                                                

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

                                                                                

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


                                                                                

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

                                                                                

2   the residential and small claims division of the Michigan tax               

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

11  previously unpaid taxes with interest at the rate of 1.25% per              

                                                                                

12  month and penalties computed from the date the taxes were last              

                                                                                

13  payable without interest or penalty.  If the tax roll is in the             

                                                                                

14  county treasurer's possession, the tax roll shall be amended to             

                                                                                

15  reflect the denial and the county treasurer shall within 30 days            

                                                                                

16  of the date of the denial prepare and submit a supplemental tax             

                                                                                

17  bill for any additional taxes, together with interest at the rate           

                                                                                

18  of 1.25% per month and penalties computed from the date the taxes           

                                                                                

19  were last payable without interest or penalty.  Additional                  

                                                                                

20  interest on any tax set forth in a corrected or supplemental tax            

                                                                                

21  bill shall begin to accrue 60 days after the date the corrected             

                                                                                

22  or supplemental tax bill is issued at the rate of 1.25% per                 

                                                                                

23  month.  Taxes levied in a corrected or supplemental tax bill                

                                                                                

24  shall be returned as delinquent on the March 1 in the year                  

                                                                                

25  immediately succeeding the year in which the corrected or                   

                                                                                

26  supplemental tax bill is issued.  If the assessor denies an                 

                                                                                

27  existing claim for exemption, the interest due shall be                     


                                                                                

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

                                                                                

2   property has been transferred to a bona fide purchaser before               

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

10  tax due, interest, and penalties through the date of that                   

                                                                                

11  notification.  The department of treasury shall then assess the             

                                                                                

12  owner who claimed the exemption under this section for the tax,             

                                                                                

13  interest, and penalties accruing as a result of the denial of the           

                                                                                

14  claim for exemption, if any, as for unpaid taxes provided under             

                                                                                

15  1941 PA 122, MCL 205.1 to 205.31, and shall deposit any tax or              

                                                                                

16  penalty collected into the state school aid fund and shall                  

                                                                                

17  distribute any interest collected as provided in subsection                 

                                                                                

18  (24).  The denial shall be made on a form prescribed by the                 

                                                                                

19  department of treasury.  If the property for which the assessor             

                                                                                

20  has denied a claim for exemption under this subsection is located           

                                                                                

21  in a county in which the county treasurer or the county                     

                                                                                

22  equalization director have elected to audit exemptions under                

                                                                                

23  subsection (10), the assessor shall notify the county treasurer             

                                                                                

24  or the county equalization director of the denial under this                

                                                                                

25  subsection.                                                                 

                                                                                

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

                                                                                

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


                                                                                

1   principal residence of the owner claiming the exemption and has             

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

5   recommendation for denial to the department of treasury, stating            

                                                                                

6   the reasons for the recommendation.                                         

                                                                                

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

                                                                                

8   property is the principal residence of the owner claiming the               

                                                                                

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

                                                                                

10  exemptions for the current calendar year and for the 3                      

                                                                                

11  immediately preceding calendar years.  If the department of                 

                                                                                

12  treasury determines that the property is not the principal                  

                                                                                

13  residence of the owner claiming the exemption, the department               

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

18  claiming the exemption of the right to appeal the determination             

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

22  request for information from that department.  An owner may                 

                                                                                

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

                                                                                

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

                                                                                

25  appeal to the department of treasury shall be conducted according           

                                                                                

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

                                                                                

27  1941 PA 122, MCL 205.21.  Within 10 days after acknowledging an             


                                                                                

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

                                                                                

2   treasury shall notify the assessor and the treasurer for the                

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

10  unpaid taxes with interest at the rate of 1.25% per month and               

                                                                                

11  penalties computed from the date the taxes were last payable                

                                                                                

12  without interest and penalty.  If the tax roll is in the county             

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

17  per month and penalties computed from the date the taxes were               

                                                                                

18  last payable without interest or penalty.  Additional interest on           

                                                                                

19  any tax set forth in a corrected or supplemental tax bill shall             

                                                                                

20  begin to accrue 60 days after the date the corrected or                     

                                                                                

21  supplemental tax bill is issued at the rate of 1.25% per month.             

                                                                                

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

                                                                                

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

                                                                                

24  succeeding the year in which the corrected or supplemental tax              

                                                                                

25  bill is issued.  If the department of treasury denies an existing           

                                                                                

26  claim for exemption, the interest due shall be distributed as               

                                                                                

27  provided in subsection (24).  However, if the property has been             


                                                                                

1   transferred to a bona fide purchaser before additional taxes were           

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

8   notify the department of treasury of the amount of tax due and              

                                                                                

9   interest through the date of that notification.  The department             

                                                                                

10  of treasury shall then assess the owner who claimed the exemption           

                                                                                

11  under this section for the tax and interest plus penalty accruing           

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

15  school aid fund and shall distribute any interest collected as              

                                                                                

16  provided in subsection (24).                                                

                                                                                

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

                                                                                

18  regarding the implementation or administration of subsection (8)            

                                                                                

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

                                                                                

20  that has not elected to audit exemptions claimed under this                 

                                                                                

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

                                                                                

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

                                                                                

23  department of treasury will not deny an exemption identified by             

                                                                                

24  the department of treasury in the list provided under subsection            

                                                                                

25  (11).                                                                       

                                                                                

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

                                                                                

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


                                                                                

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

                                                                                

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

                                                                                

3   county equalization director with the concurrence by resolution             

                                                                                

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

                                                                                

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

                                                                                

6   Subsequent elections to audit exemptions shall be made every 2              

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

14  audit the exemptions claimed under this section, the department             

                                                                                

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

                                                                                

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

                                                                                

17  the exemptions claimed under this section as provided in this               

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

22  assessor for that local tax collecting unit under subsection                

                                                                                

23  (9).                                                                        

                                                                                

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

                                                                                

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

                                                                                

26  treasurer or his or her designee or the county equalization                 

                                                                                

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


                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

10  designee or the county equalization director or his or her                  

                                                                                

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

                                                                                

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

                                                                                

13  treasurer or his or her designee or the county equalization                 

                                                                                

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

                                                                                

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

                                                                                

16  county equalization director or his or her designee shall direct            

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

23  30 days of the date of the denial issue a corrected tax bill for            

                                                                                

24  previously unpaid taxes with interest at the rate of 1.25% per              

                                                                                

25  month and penalties computed from the date the taxes were last              

                                                                                

26  payable without interest and penalty.  If the tax roll is in the            

                                                                                

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


                                                                                

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

                                                                                

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

                                                                                

3   bill for any additional taxes, together with interest at the rate           

                                                                                

4   of 1.25% per month and penalties computed from the date the taxes           

                                                                                

5   were last payable without interest or penalty.  Additional                  

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

9   month.  Taxes levied in a corrected or supplemental tax bill                

                                                                                

10  shall be returned as delinquent on the March 1 in the year                  

                                                                                

11  immediately succeeding the year in which the corrected or                   

                                                                                

12  supplemental tax bill is issued.  If the county treasurer or his            

                                                                                

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

                                                                                

14  designee denies an existing claim for exemption, the interest due           

                                                                                

15  shall be distributed as provided in subsection (24).  However, if           

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

25  department of treasury shall then assess the owner who claimed              

                                                                                

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

                                                                                

27  penalty 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).  The                     

                                                                                

5   department of treasury shall annually provide the county                    

                                                                                

6   treasurer or his or her designee or the county equalization                 

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

10  county equalization director or his or her designee shall forward           

                                                                                

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

                                                                                

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

                                                                                

13  10 days of receiving the list.                                              

                                                                                

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

                                                                                

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

                                                                                

16  or the county equalization director may enter into an agreement             

                                                                                

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

                                                                                

18  regarding the implementation or administration of this section.             

                                                                                

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

                                                                                

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

                                                                                

21  by the department of treasury in the list provided under                    

                                                                                

22  subsection (11).                                                            

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

27  equalization director or his or her designee under subsection               


                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

5   to receive a final determination of the residential and small               

                                                                                

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

                                                                                

7   at the rate of 1.25% per month and penalties shall accrue and be            

                                                                                

8   computed from the date the taxes were last payable without                  

                                                                                

9   interest and penalty.  If the residential and small claims                  

                                                                                

10  division of the Michigan tax tribunal grants an owner's appeal of           

                                                                                

11  a denial and that owner has paid the interest due as a result of            

                                                                                

12  a denial under subsection (6), (8), or (11), the interest                   

                                                                                

13  received after a distribution was made under subsection (24)                

                                                                                

14  shall be refunded.                                                          

                                                                                

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

                                                                                

16  county in which the county treasurer or the county equalization             

                                                                                

17  director does not elect to audit the exemptions claimed under               

                                                                                

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

                                                                                

19  treasury shall conduct an annual audit of exemptions claimed                

                                                                                

20  under this section for the current calendar year.                           

                                                                                

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

                                                                                

22  this section rescinds all previous exemptions filed by that owner           

                                                                                

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

                                                                                

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

                                                                                

25  property for which a previous exemption was claimed is located              

                                                                                

26  that the previous exemption is rescinded by the subsequent                  

                                                                                

27  affidavit.  Upon receipt of notice that an exemption is                     


                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

5   collecting unit in which that property is located shall notify              

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

9   reflect the rescission and the local treasurer shall prepare and            

                                                                                

10  issue a corrected tax bill for previously unpaid taxes with                 

                                                                                

11  interest and penalties computed based on the interest and                   

                                                                                

12  penalties that would have accrued from the date the taxes were              

                                                                                

13  originally levied if there had not been an exemption for that               

                                                                                

14  year.  If the tax roll is in the county treasurer's possession,             

                                                                                

15  the tax roll shall be amended to reflect the rescission and the             

                                                                                

16  county treasurer shall prepare and submit a supplemental tax bill           

                                                                                

17  for any additional taxes, together with any interest and                    

                                                                                

18  penalties.  However, if the property has been transferred to a              

                                                                                

19  bona fide purchaser, the taxes, interest, and penalties shall not           

                                                                                

20  be billed to the bona fide purchaser, and the local tax                     

                                                                                

21  collecting unit if the local tax collecting unit has possession             

                                                                                

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

                                                                                

23  possession of the tax roll shall notify the department of                   

                                                                                

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

                                                                                

25  of that notification.  The department of treasury shall then                

                                                                                

26  assess the owner who received the exemption under this section              

                                                                                

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


                                                                                

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

                                                                                

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

                                                                                

3   205.31, and shall deposit any tax, interest, or penalty collected           

                                                                                

4   into the state school aid fund.                                             

                                                                                

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

                                                                                

6   rescinded may appeal that rescission with either the July or                

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

15  review to the residential and small claims division of the                  

                                                                                

16  Michigan tax tribunal within 35 days of that decision.                      

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

27  department of treasury.                                                     


                                                                                

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

                                                                                

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

                                                                                

3   collecting unit in which the property is located of the                     

                                                                                

4   transfer.                                                                   

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

8   equalization officers, county registers of deeds, and closing               

                                                                                

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

                                                                                

10  of property shall provide affidavit and rescission forms to the             

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

14  located.  If a closing statement preparer fails to provide                  

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

20  the department of treasury determines that the buyer qualifies              

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

25  county treasurer shall correct the tax roll to reflect the                  

                                                                                

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

                                                                                

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


                                                                                

1   to provide exemption affidavit and rescission forms to a buyer              

                                                                                

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

                                                                                

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

                                                                                

4   by the buyer or seller.                                                     

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

13  5 days prior to the date of the December board of review, the               

                                                                                

14  local tax collecting unit shall convene a December board of                 

                                                                                

15  review and consider the appeal pursuant to this section and                 

                                                                                

16  section 53b.                                                                

                                                                                

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

                                                                                

18  unit believes that the department of treasury erroneously denied            

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

23  reviewing the information provided, the department of treasury              

                                                                                

24  determines that the claim for exemption was erroneously denied,             

                                                                                

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

                                                                                

26  roll shall be amended to reflect the exemption.                             

                                                                                

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


                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

6   rebate shall be without interest.                                           

                                                                                

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

                                                                                

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

                                                                                

9   may request in writing that the department of treasury withdraw             

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

13  issue an order notifying the local assessor that the exemption              

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

22  collecting unit if the local tax collecting unit has possession             

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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


                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

5   penalties and interest that would have accrued if the exemption             

                                                                                

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

                                                                                

7   levied.                                                                     

                                                                                

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

                                                                                

9   1.25% per month collected under subsection (6), (8), or (11)                

                                                                                

10  shall be distributed as follows:                                            

                                                                                

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

                                                                                

12  the exemption under this section, as follows:                               

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

17  section, as follows:                                                        

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

22  county equalization director or his or her designee denies the              

                                                                                

23  exemption under this section, as follows:                                   

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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


                                                                                

1   the following conditions:                                                   

                                                                                

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

                                                                                

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

                                                                                

4   exemptions under this section.  Money in that restricted fund               

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

8   thereafter.                                                                 

                                                                                

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

                                                                                

10  be deposited into the principal residence property tax exemption            

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

19  appropriation, only for the purpose of auditing exemption                   

                                                                                

20  affidavits.                                                                 

                                                                                

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

                                                                                

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

                                                                                

23  county property tax administration fee established under this               

                                                                                

24  act.                                                                        

                                                                                

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

                                                                                

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

                                                                                

27  the cooperative housing corporation files all of the following              


                                                                                

1   with the local tax collecting unit in which the cooperative                 

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

5       (a) An affidavit form.                                                      

                                                                                

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

                                                                                

7   cooperative housing corporation and occupied as the principal               

                                                                                

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

                                                                                

9   under this subsection.                                                      

                                                                                

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

                                                                                

11  security number of each tenant stockholder of the cooperative               

                                                                                

12  housing corporation occupying a unit in the cooperative housing             

                                                                                

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

                                                                                

14  the filing under this subsection.                                           

                                                                                

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

                                                                                

16  cooperative housing corporation on which an exemption under this            

                                                                                

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

                                                                                

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

                                                                                

19  section was made.                                                           

                                                                                

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

                                                                                

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

                                                                                

22  statement of the taxable value of each school district and                  

                                                                                

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

                                                                                

24  4 calendar years.  This requirement is in addition to the                   

                                                                                

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

                                                                                

26  of 1979, 1979 PA 94, MCL 388.1751.                                          

                                                                                

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


                                                                                

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

                                                                                

2   operating purposes to the extent provided under section 1211 of             

                                                                                

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

                                                                                

4   the provisions of this section.                                             

                                                                                

5       (2) Qualified agricultural property that is classified as                   

                                                                                

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

                                                                                

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

                                                                                

8   exemption with the local tax collecting unit unless requested by            

                                                                                

9   the assessor to determine whether the property includes                     

                                                                                

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

                                                                                

11  exemption under subsection (1) for qualified agricultural                   

                                                                                

12  property that is not classified as agricultural under section               

                                                                                

13  34c, the owner shall file an affidavit claiming the exemption               

                                                                                

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

                                                                                

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

                                                                                

16  for taxes levied after December 31, 2003.                                   

                                                                                

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

                                                                                

18  department of treasury.                                                     

                                                                                

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

                                                                                

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

                                                                                

21  classified as agricultural, the assessor shall determine if the             

                                                                                

22  property is qualified agricultural property and if so shall                 

                                                                                

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

                                                                                

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

                                                                                

25  property is no longer qualified agricultural property as defined            

                                                                                

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

                                                                                

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


                                                                                

1   subsection (2).                                                             

                                                                                

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

                                                                                

3   exempted property is no longer qualified agricultural property,             

                                                                                

4   the owner shall rescind the exemption for the applicable portion            

                                                                                

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

                                                                                

6   rescission form prescribed by the department of treasury.  An               

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

14  department of treasury.                                                     

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

20  the year the exemption was claimed or the immediately succeeding            

                                                                                

21  year.  An owner of property that is qualified agricultural                  

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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


                                                                                

1   board of review.                                                            

                                                                                

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

                                                                                

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

                                                                                

4   qualified agricultural property, the assessor may deny or modify            

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

9   review may be appealed to the residential and small claims                  

                                                                                

10  division of the Michigan tax tribunal.                                      

                                                                                

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

                                                                                

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

                                                                                

13  collecting unit withdraw the exemption.  If an owner requests               

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

19  collecting unit if the local tax collecting unit has possession             

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

26  owner requests that an exemption under this section be withdrawn            

                                                                                

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


                                                                                

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

                                                                                

2   owner pays the corrected tax bill issued under this subsection              

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

9   taxes were originally levied.                                               

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

16  immediately preceding year.  The notice shall also specify the              

                                                                                

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

                                                                                

18  shall also specify the difference between the property's                    

                                                                                

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

                                                                                

20  taxable value in the immediately preceding year.                            

                                                                                

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

                                                                                

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

                                                                                

23      (a) The state equalized valuation for the immediately                       

                                                                                

24  preceding year.                                                             

                                                                                

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

                                                                                

26  year.                                                                       

                                                                                

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


                                                                                

1   valuation for the current year and the state equalized valuation            

                                                                                

2   for the immediately preceding year.                                         

                                                                                

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

                                                                                

4   34c.                                                                        

                                                                                

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

                                                                                

6   defined in section 34d.                                                     

                                                                                

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

                                                                                

8   explaining the relationship between state equalized valuation and           

                                                                                

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

                                                                                

10  ownership has occurred in the immediately preceding year, the               

                                                                                

11  statement shall state that the ownership was transferred and that           

                                                                                

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

                                                                                

13  equalized valuation of that property.                                       

                                                                                

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

                                                                                

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

                                                                                

16  accompanied by information or forms prescribed by the income tax            

                                                                                

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

                                                                                

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

                                                                                

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

                                                                                

20  10 days before the meeting of the board of review.  The failure             

                                                                                

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

                                                                                

22  assessment roll or an assessment on that property.                          

                                                                                

23      (5) The tentative state equalized valuation shall be                        

                                                                                

24  calculated by multiplying the assessment by the tentative                   

                                                                                

25  equalized valuation multiplier.  If the assessor has made                   

                                                                                

26  assessment adjustments that would have changed the tentative                

                                                                                

27  multiplier, the assessor may recalculate the multiplier for use             


                                                                                

1   in the notice.                                                              

                                                                                

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

                                                                                

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

                                                                                

4   government.                                                                 

                                                                                

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

                                                                                

6   notice under subsection (1) shall include the following                     

                                                                                

7   statement:                                                                  

                                                                                

                                                                                

                                                                                

8        "If you purchased your homestead after May 1 last                      

                                                                                

9        year, to claim the homestead exemption, if you have                    

                                                                                

10       not already done so, you are required to file an                       

                                                                                

11       affidavit before May 1.".                                              

                                                                                

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

                                                                                

13  subsection (1) shall include the following statement:                       

                                                                                

                                                                                

                                                                                

14       "If you purchased your principal residence after                       

                                                                                

15       December 31 last year, to claim the principal                          

                                                                                

16       residence exemption for next year, if you have not                     

                                                                                

17       already done so, you are required to file an                           

                                                                                

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

                                                                                

19      (8)  (9)  For taxes levied after December 31, 2003, the                     

                                                                                

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

                                                                                

21  state equalized valuation and taxable value for any leasehold               

                                                                                

22  improvements.