Michigan 2025-2026 Regular Session

Michigan House Bill HJRT

Introduced

4/22/26

Refer

4/22/26

Caption

Property tax: assessments; uncapping of taxable value for certain transfers of property owned and used as a principal residence; eliminate. Amends sec. 3, art. IX of the state constitution. TIE BAR WITH: HJR T'26

Impact

The proposed amendment would have significant implications for how property taxes are assessed in Michigan. As it stands, properties that are switched in ownership would revert to being assessed at their current true cash value, which could lead to substantial tax increases for new homeowners. HJRT aims to alleviate this burden for current homeowners by creating more predictability in tax liability, thus promoting stability for families intending to stay in their homes for extended periods. This could help prolong community ties and stability as residents face lower tax volatility.

Summary

House Joint Resolution T (HJRT) proposes an amendment to the Michigan Constitution of 1963, specifically aimed at modifying the state's property tax assessment structure. The core of this bill seeks to restrict the increases in taxable values for properties that are owned and used as principal residences. Under the proposed amendment, the taxable value of such properties can only increase by the lesser of the inflation rate or 5% annually until the ownership of the property is transferred. This amendment establishes a mechanism to ensure that long-term homeowners are not penalized with escalating taxes due to market value increases.

Contention

Supporters of HJRT argue that the bill is necessary to protect homeowners from sudden and dramatic increases in property taxes upon transfer, especially in rapidly appreciating real estate markets. They believe it promotes fairness and allows individuals to maintain ownership without worrying about financial constraints imposed by steep tax increases. Opponents, however, may raise concerns about the potential long-term implications for school funding and other local services dependent on property tax revenues. They might question whether the amendment could result in inadequate funding for essential services if the tax base becomes constrained over time.

Companion Bills

MI HJRT

Same As Property tax: assessments; uncapping of taxable value for certain transfers of property owned and used as a principal residence; eliminate. Amends sec. 3, art. IX of the state constitution. TIE BAR WITH: HJR T'26

Previously Filed As

MI HB4014

Property tax: assessments; transfer of ownership of certain real property to certain individuals; exempt from uncapping of taxable value upon transfer. Amends sec. 27a of 1893 PA 206 (MCL 211.27a).

MI HB5872

Property tax: assessments; taxable value of transferred property; modify. Amends sec. 27a of 1893 PA 206 (MCL 211.27a).

MI HCR5024

Proposing to amend section 1 of article 11 of the constitution of the state of Kansas to establish the taxable valuation of real property used for residential purposes based on the sales price for the year in which the property transferred ownership if the transfer was sold at fair market value or valued pursuant to law as fair market value in the year in which the transfer occurred for the current owner.

MI SB0819

Property tax: assessments; inapplicability of pop-up to taxable value resulting from interspousal transfers of ownership interests in legal entities; clarify. Amends sec. 27a of 1893 PA 206 (MCL 211.27a).

MI SCR1603

Proposing to amend section 1 of article 11 of the constitution of the state of Kansas to value residential real property, commercial and industrial real property and mobile homes personal property based on the fair market value or average fair market value and providing that the legislature may provide by law for the freezing of property tax valuations for owner-occupied residential property of qualifying seniors.

MI HB4111

Property tax: exemptions; personal property constituting certain hydrogen fuel pumps; exempt. Amends secs. 27 & 34d of 1893 PA 206 (MCL 211.27 & 211.34d) & adds sec. 9q. TIE BAR WITH: HB 4112'25

MI HB1559

Limitations on taxable valuation of residential property; and to provide an effective date.

MI HJR112

Proposes a constitutional amendment relating to residential real property tax assessments

MI HB2859

Reduces the assessment percentage of certain personal property and provides a personal property tax exemption for certain personal property upon adoption of a constitutional amendment authorizing such exemption

MI HCR5011

Senate Substitute for HCR 5011 by Committee on Assessment and Taxation - Proposing to amend section 1 of article 11 of the constitution of the state of Kansas to limit property tax valuation increases for real property and personal property classified as mobile homes.