HB4374 exempts certain residential and agricultural properties from the state education tax in Michigan.

HB4374 amends the Michigan Compiled Laws to exempt specific properties from the state education tax. This includes residential real property and agricultural property with a single-family dwelling where the owner is actively involved in agriculture and has not claimed a principal residence exemption elsewhere. The exemption applies to taxes levied after December 31, 2025, and the act will only take effect if House Bill No. 4373 is also enacted.

HB4374 exempts certain residential and agricultural properties from the state education tax in Michigan.

HB4374 amends the Michigan Compiled Laws to exempt specific properties from the state education tax. This includes residential real property and agricultural property with a single-family dwelling where the owner is actively involved in agriculture and has not claimed a principal residence exemption elsewhere. The exemption applies to taxes levied after December 31, 2025, and the act will only take effect if House Bill No. 4373 is also enacted.