Michigan SB0659 amends the State Essential Services Assessment Act to reflect the elimination of the Michigan Strategic Fund.

Michigan SB0659 amends sections 3 and 9 of the State Essential Services Assessment Act, 2014 PA 92, to reflect the elimination of the Michigan Strategic Fund. The bill modifies the criteria for exempting personal property from assessment, including the conditions for applying for an exemption and the process for approving and complying with the exemption. It also updates definitions related to the fund board, eligible claimants, and eligible personal property. The changes ensure that the assessment process aligns with the elimination of the Michigan Strategic Fund.

Michigan SB0659 amends the State Essential Services Assessment Act to reflect the elimination of the Michigan Strategic Fund.

Michigan SB0659 amends sections 3 and 9 of the State Essential Services Assessment Act, 2014 PA 92, to reflect the elimination of the Michigan Strategic Fund. The bill modifies the criteria for exempting personal property from assessment, including the conditions for applying for an exemption and the process for approving and complying with the exemption. It also updates definitions related to the fund board, eligible claimants, and eligible personal property. The changes ensure that the assessment process aligns with the elimination of the Michigan Strategic Fund.