House Bill HB 4050 (2019-2020)


Description

Allows transfer of ownership from a general or limited partnership to certain individuals to be exempt from uncapping taxes after transfer.

Amending Language

Amends 1893 PA 206 by amending section 27a (MCL 211.27a), as amended by 2016 PA 375.

Categories

PROPERTY TAX, Assessments

Introduced On

January 16, 2019

Primary Sponsor

Inman, Larry

View Related Bills

Bill History
1/16/2019Housebill electronically reproduced 01/16/2019
1/16/2019Houseread a first time
1/16/2019Housereferred to Committee on Local Government and Municipal Finance
1/16/2019Houseintroduced by Representative Larry Inman
1/17/2019Housebill electronically reproduced 01/16/2018
5/1/2019Housereferred to Committee on Ways and Means
5/1/2019Housereported with recommendation for referral to Committee on Ways and Means
10/30/2019Housereferred to Committee on Ways and Means
Documents
House Introduced Bill
Introduced bills appear as they were introduced and reflect no subsequent amendments or changes.
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House Fiscal Agency Analysis
Summary As Introduced (4/22/2019) This document analyzes: HB4050
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House Fiscal Agency Analysis
Analysis as Referred to Second Committee (4/1/2020) This document analyzes: HB4050
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Committee Related Documents
04-24-2019 - House Local Government - Minutes.pdf
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05-01-2019 - House Local Government - Minutes.pdf
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04-24-2019 - HB 4050 - Smith & Johnson - House Local Government.pdf
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04-24-2019 - HB 4050 - Various School Boards and Assns - House Local Government.pdf
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Videos Of Committee Action On This Bill