SB819 — Property tax: assessments; inapplicability of pop-up to taxable value resulting from interspousal transfers of ownership interests in legal entities; clarify. Amends sec. 27a of 1893 PA 206 (MCL 211.27a).

SB819 — Property tax: assessments; inapplicability of pop-up to taxable value resulting from interspousal transfers of ownership interests in legal entities; clarify. Amends sec. 27a of 1893 PA 206 (MCL 211.27a). · Informed CitizenryThis bill amends the General Property Tax Act to clarify the application of property tax assessments regarding the transfer of ownership interests in legal entities. Specifically, it clarifies that…Open in Informed Citizenry