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Legislation watch
2013 Senate Bill 372: Exclude certain farm property sales from property tax assessment basis
Public Act 162 of 2013
Introduced by Sen. Bruce Caswell (R) on May 21, 2013
To require tax assessors to exclude sales of certain agricultural property that will be used by the new owner for non-agricultural use from the “sales ratio studies” that determine the property tax assessments for other farm property. Official Text and Analysis.
Referred to the Senate Finance Committee on May 21, 2013
Reported in the Senate on October 1, 2013
With the recommendation that the bill pass.
Received in the House on October 3, 2013
Referred to the House Agriculture Committee on October 3, 2013
Reported in the House on October 23, 2013
Without amendment and with the recommendation that the bill pass.
Signed by Gov. Rick Snyder on November 12, 2013