2002 Senate Bill 1238 / Public Act 610

Introduced in the Senate

April 18, 2002

Introduced by Sen. Joanne Emmons (R-23)

To assess and tax the real and personal property of telephone and telegraph companies in the same manner as other property. Under current law, the assessment involves calculations involving the value of intangible assets which potentially can be subjective.

Referred to the Committee on Finance

Nov. 14, 2002

Substitute offered

To replace the previous version of the bill with a version which incorporates technical changes, and moves back its effective date to Jan. 1, 2005.

The substitute passed by voice vote

Amendment offered by Sen. Joanne Emmons (R-23)

To move back the effective date of the bill to Jan. 1, 2006.

The amendment passed by voice vote

Amendment offered by Sen. Alma Smith (D-18)

To allow the state to revert to the current system of assessment and taxation in the event that the procedures proposed by the bill are challenged in court by a taxpayer and declared invalid by an appellate court.

The amendment failed by voice vote

Passed in the Senate 32 to 0 (details)

In the House

Dec. 3, 2002

Referred to the Committee on Tax Policy

Dec. 10, 2002

Passed in the House 101 to 2 (details)

To assess and tax the real and personal property of telephone and telegraph companies in the same manner as other property. Under current law, the assessment involves calculations involving the value of intangible assets which potentially can be subjective.

Signed by Gov. John Engler

Dec. 20, 2002