Clarifies and expands tax exemptions for nonprofit charitable institutions in Michigan.
This bill amends the definition of "nonprofit charitable institution" to clarify tax exemptions for certain properties. It specifies that properties used for housing, rehabilitation, diagnostic, medical, or therapeutic services to disabled persons are exempt. It also exempts properties used by charitable trusts for their charitable purposes, and those used by qualified conservation organizations for conservation purposes.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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