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state_legiscan_drain · MI

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

April 22, 2026

Summary

If enacted, this bill would modify Michigan's property tax assessment rules for transferred property, specifically amending the taxable value uncapping provisions under MCL 211.27a. This could affect property tax liabilities for homebuyers and sellers by altering how taxable value is calculated upon transfer.

Source: https://legislature.mi.gov/Bills/Bill?ObjectName=2026-HB-5872

Common questions

What does "Property tax: assessments; taxable value of transferred property; modify. Amends sec. 27a of 1893 PA 206 (MCL 211.27a)." cover?
If enacted, this bill would modify Michigan's property tax assessment rules for transferred property, specifically amending the taxable value uncapping…
When was it published?
It was published on April 22, 2026.

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