HB4307 — Property tax: assessments; determination of true cash value; modify. Amends sec. 27 of 1893 PA 206 (MCL 211.27). TIE BAR WITH: HB 4306'23

HB4307 — Property tax: assessments; determination of true cash value; modify. Amends sec. 27 of 1893 PA 206 (MCL 211.27). TIE BAR WITH: HB 4306'23 · Informed CitizenryThis bill amends the General Property Tax Act to modify the rules for determining the 'true cash value' of property for assessment purposes. It defines true cash value as the usual selling price at…Open in Informed Citizenry