PERS. PROP. TAX: JOINT PETITION - H.B. 5875 (S-1): FLOOR ANALYSIS

House Bill 5875 (Substitute S-1 as reported)

Sponsor: Representative Patricia Birkholz

House Committee: Tax Policy

Senate Committee: Finance

CONTENT

The bill would amend the General Property Tax Act to allow two or more township or city treasurers to file a joint petition with the circuit court regarding personal property taxes that remained uncollected for more than five years.

Currently, under the Act, if a tax on personal property remains unpaid for more than five years, the township or city clerk must prepare a statement showing various information. The township or city clerk must file the statement with the circuit court, along with a petition requesting that the city or township be allowed to strike the taxes from the tax rolls.

MCL 211.56a - Legislative Analyst: G. Towne

FISCAL IMPACT

This bill would have no State fiscal impact.

The bill would reduce legal costs for townships and cities that filed a joint petition to remove from the tax rolls delinquent personal property taxes that remained uncollected for more than five years.

Date Completed: 11-17-98 - Fiscal Analyst: R. RossFLOOR\HB5875 - Analysis available @ http://www.michiganlegislature.org

This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.