HB5996 — Property tax: exemptions; partial exemption for qualified principal residence upon transfer of ownership; provide for. Amends 1893 PA 206 (MCL 211.1 - 211.155) by adding sec. 7yy. TIE BAR WITH: HB 6005'26

HB5996 — Property tax: exemptions; partial exemption for qualified principal residence upon transfer of ownership; provide for. Amends 1893 PA 206 (MCL 211.1 - 211.155) by adding sec. 7yy. TIE BAR WITH: HB 6005'26 · Informed CitizenryThis bill amends the general property tax act by adding section 7yy, which establishes a partial exemption for qualified principal residences from local taxes collected under this act. The exemptio…Open in Informed Citizenry