Michigan HB5378 proposes a property tax exemption for owners with no children in public schools.
Michigan HB5378 amends the state education tax to exempt property owners with no children attending public schools in Michigan. This change applies to property taxes levied under the general property tax act. The bill includes specific exemptions and conditions, such as the exclusion of certain industrial properties and properties owned by individuals without dependents using public schools. The amendment will take effect only if other related bills (HB 5376, HB 5377, and HB 5379) are enacted.
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