Michigan SB 565: Property tax: exemptions; fund from which municipalities are reimbursed for certain revenue lost due to the small business property tax exemption; modify to require that unused funds lapse to the general fund. Amends sec. 3a of 2000 PA 489 (MCL 12.253a).

Status: ASSIGNED PA 0027'25 WITH IMMEDIATE EFFECT (as of 2025-10-08)

State: Michigan · Session: 2025-2026 · Bill: SB 565

Subjects: Property tax: exemptions, Property tax: personal property, State management: funds

Sponsors: Sarah Anthony

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