2006 Michigan Compiled Laws - Mich. Comp. Laws § 206.512a "Property taxes" defined.

INCOME TAX ACT OF 1967 (EXCERPT)
Act 281 of 1967


206.512a "Property taxes" defined.

Sec. 512a.

"Property taxes" means, for the 2003 tax year and tax years after the 2003 tax year, general ad valorem taxes due and payable, levied on a homestead within this state including property tax administration fees, but does not include penalties, interest, or special assessments unless the special assessment is levied using a uniform millage rate on all real property not exempt by state law from the levy of the special assessment and complies with 1 of the following:

(a) The special assessment is levied in the entire city, village, or township and is levied and based on state equalized valuation or taxable value.

(b) The special assessment is for police, fire, or advanced life support, is levied in the entire township excluding all or a portion of a village within the township, and is levied and based on state equalized valuation or taxable value.


History: Add. 2003, Act 28, Imd. Eff. June 26, 2003



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