Modifies the definition of qualified agricultural property in Michigan property tax law.

This bill amends Michigan property tax law to modify the definition of qualified agricultural property. It specifies that property used for commercial storage, processing, distribution, marketing, shipping operations, or cultivating marijuana does not qualify as agricultural property. It also clarifies that property is considered devoted primarily to agricultural use if more than 50% of its acreage is used for agriculture.

Modifies the definition of qualified agricultural property in Michigan property tax law.

This bill amends Michigan property tax law to modify the definition of qualified agricultural property. It specifies that property used for commercial storage, processing, distribution, marketing, shipping operations, or cultivating marijuana does not qualify as agricultural property. It also clarifies that property is considered devoted primarily to agricultural use if more than 50% of its acreage is used for agriculture.