HB5998 — Property tax: exemptions; exemption for certain remodeling and renovations; provide for. Amends sec. 27 of 1893 PA 206 (MCL 211.27).

HB5998 — Property tax: exemptions; exemption for certain remodeling and renovations; provide for. Amends sec. 27 of 1893 PA 206 (MCL 211.27). · Informed CitizenryThis bill amends the general property tax act by modifying how "true cash value" is determined for assessment purposes. It clarifies that when determining true cash value, assessors must consider l…Open in Informed Citizenry