2. Michigan Property Tax Reform Making Headway in the Legislature
June 22, 2011
Source: Michigan Association of REALTORS®
Latest introduction of bills aim to provide homeowner relief
Legislation has been re-introduced this legislative session to provide much needed property tax relief to Michigan homebuyers. Senate Bill 349, introduced by Senator Dave Hildenbrand (R-Lowell) allows buyers to take advantage of the Principal Residence Exemption even if they purchase a home after the May 1st filing deadline. Similarly in the House, House Bill 4446, sponsored by Representative Margaret O'Brien (R-Portage) has been introduced mirroring the intent of Senate Bill 346. Read more . . . .