HB4014 — Property tax: assessments; transfer of ownership of certain real property to certain individuals; exempt from uncapping of taxable value upon transfer. Amends sec. 27a of 1893 PA 206 (MCL 211.27a).

HB4014 — Property tax: assessments; transfer of ownership of certain real property to certain individuals; exempt from uncapping of taxable value upon transfer. Amends sec. 27a of 1893 PA 206 (MCL 211.27a). · Informed CitizenryThis bill amends the general property tax act by modifying sections related to how property is assessed and taxed, particularly concerning transfers of ownership. Key changes include: * **Taxabl…Open in Informed Citizenry