Constitutional amendment to authorize the local governing authority of a parish to provide an increase to the homestead exemption. (2/3-CA13s1(A)) (OR SEE FISC NOTE LF RV)
Relating to an exemption from ad valorem taxation of a portion of the appraised value of tangible personal property that is held or used for the production of income.
Property: other; community property act; revise gender-specific language. Amends secs. 3 & 4 of 1948 (1st Ex Sess) PA 39 (MCL 557.253 & 557.254). TIE BAR WITH: HJR F'25
(Constitutional Amendment) Provides relative to assessment and reappraisal of property for ad valorem tax purposes and establishes a property tax exemption (OR SEE FISC NOTE LF RV)