Property tax: exemptions; HOPE zone exemption; provide for. Amends sec. 7ff of 1893 PA 206 (MCL 211.7ff). TIE BAR WITH: HB 5852'26

Summary

The bill changes MCL 211.7ff to allow property tax exemptions for qualifying real and personal property located in Renaissance zones and commercial property in HOPE zones. Exemptions do not apply to special assessments, school taxes, or property tied to casinos, and they include compliance and affidavit requirements for rentals and personal property. It also creates a new exemption for eligible data‑center property that meets a $100 million investment threshold.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share