May 10, 2006, Introduced by Reps. Gosselin, Garfield, Hoogendyk, Palmer, Pastor, Drolet, Acciavatti, Baxter, Marleau, Robertson and Hune and referred to the Committee on Tax Policy.
A bill to amend 1893 PA 206, entitled
"The general property tax act,"
(MCL 211.1 to 211.157) by adding section 9k.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 9k. Personal property with a taxable value of less than
$100,000.00 is exempt from the collection of taxes under this act.