Personal Property Tax Archives

January 30, 2023

2022 Personal Property Tax Reimbursement Correction Process

The Michigan Department of Treasury has asked that we remind municipalities that, although not required, they can correct errors in the 2022 Personal Property Tax (PPT) reimbursements distributed in October 2022 and February 2023. The Local Community Stabilization Authority (LCSA)…

December 22, 2021

Legislative Session Reaches Mid-Point

The Michigan House and Senate wrapped up their work last week for the calendar year as the mid-point of the current 2021-22 legislative session. Following the holidays, the legislature will return to session on Wednesday, January 12, 2022 to resume…

December 15, 2021

PPT Exemption Expansion Gets Wrapped Into Economic Development Deal

Much of the focus of this final week of legislative session for the calendar year focused on negotiations between the Governor and Legislature on an economic development proposal reacting to Ford Motor Company's recent decision to locate their new battery/electric…

December 10, 2021

Tell Your Senators Today to Oppose or Slow Down on Personal Property Tax Bill

The Michigan Municipal League needs your help to oppose a bill related to the personal property tax that could get a vote in the state Senate as early as Tuesday, December 14th. While we prefer you call your state Senators,…

January 11, 2021

That’s A Wrap – 100th Legislative Session Finalized

With the expiration of 14-days on the Governor's desk this past week, the last bills presented from December's lame duck legislative action brought the 100th Legislative Session to an official close. All told, nearly 300 new bills were introduced between…

December 20, 2020

Lame Duck Round Up – Week 3…

With the Michigan Senate's final action late Friday night, only Monday's House session remains before the 100th Legislative Session comes to an end. The Senate remained in session throughout the day Friday, concurring in bills that the House had sent…

December 17, 2020

Treasury Announces PPT Reimbursement Error Correction Process

Earlier this afternoon the Michigan Department of Treasury released the following information for communities seeking to correct any valuation errors related to their Eligible Manufacturing Personal Property reimbursement calculations. League members are encouraged to review their calculations and submit error…

December 3, 2020

Lame Duck Round Up – Week 1

This week kicked off the first full week of lame duck legislative activity since the November election. The League's advocacy team is engaged on multiple fronts to promote a number of pieces of legislation we have been supporting and defending…

December 2, 2020

Commercial Equipment PPT Tax Cut Moves Despite Opposition

The Senate Economic & Small Business Development committee reported a series of bills along a party line vote this afternoon to exempt consumer goods handling equipment and so-called "micro-fulfillment" systems from personal property tax assessment. Senate Bills 1149, 1150, & 1153…

October 18, 2019

First Portion of 2019 PPT Reimbursement Payments Distributed

Michigan's Local Community Stabilization Authority (LCSA) distributed over $170 million to more than 2100 local units of government and authorities today as reimbursement for eligible manufacturing personal property loss under the state's new Personal Property Tax reimbursement system. Today's reimbursement…

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Category Archives: Personal Property Tax

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