HB4373 — Property tax: exemptions; exemption from state education tax for certain residential property and certain agricultural property; provide for. Amends secs. 2 & 3 of 1993 PA 331 (MCL 211.902 & 211.903).

HB4373 — Property tax: exemptions; exemption from state education tax for certain residential property and certain agricultural property; provide for. Amends secs. 2 & 3 of 1993 PA 331 (MCL 211.902 & 211.903). · Informed CitizenryThis bill amends sections 2 and 3 of the State education tax act (1993 PA 331). Section 3 outlines the state education tax rates, which were set at 6 mills beginning in 1994, reduced to 5 mills in…Open in Informed Citizenry