The legislation, Senate Bills 821-830, begins fading out PPT in 2016. The exception is the small parcel exemption for personal property of less than $80,000 true cash value which went into effect December 31, 2013.
The League will be holding a webinar on PPT reform in the coming weeks.
Samantha Harkins is the Director of State Affairs for the Michigan Municipal League. She can be reached at 517-908-0306 or email at [email protected]