Tuesday, January 6, 2009

Michigan Property Tax Assessment Limitation Dies In The Senate

After collecting dust the last three months in the House Clerk's office, HJR III finally found its way to the Senate where it was officially left to die. HRJ III would have allowed Michigan voters in 2010 to stop annual property tax increases on land that decreased in value. If on the ballot, it's widely accepted that the measure would have passed, particularly after a year like 2008, when many homeowners were forced to cough up more in taxes for their depreciating property..........

Ed Kisscorni CPA Blog

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