state_legiscan_drain · MI
Property tax: state education tax; state education tax; repeal. Repeals 1993 PA 331 (MCL 211.901 - 211.906).
June 11, 2026
Summary
If enacted, this bill would repeal Michigan's state education tax, which is a property tax levied on real and personal property. This would eliminate a specific tax component that currently funds school districts and intermediate school districts in the state. Lenders and servicers that collect property taxes through escrow accounts would need to adjust their practices to stop collecting the state education tax portion.
AI-generated summary · Jun 14, 2026. Verify with your compliance counsel before acting.
How this was generated
We record the exact prompt, model, and output for every AI response so it can be audited for accuracy.
Source: https://legislature.mi.gov/Bills/Bill?ObjectName=2026-SB-1039
Common questions
- What does "Property tax: state education tax; state education tax; repeal. Repeals 1993 PA 331 (MCL 211.901 - 211.906)." cover?
- If enacted, this bill would repeal Michigan's state education tax, which is a property tax levied on real and personal property. This would eliminate a…
- When was it published?
- It was published on June 11, 2026.
Related updates
- Budget Finance Co. - New Martinsville, WV ORDER
- Ocwen Financial Corp. order issued by the Division of Banking and find answers to frequently asked questions. (order)
- Mortgagee Letter 2026-03: Updates to Bidding at Foreclosure and Post-Foreclosure Sales Efforts
- Agreed Order
- Mortgagee Letter 2026-06: Increase in the Maximum Number of Draw Requests for Limited 203(k) Rehabilitation Mortgage Insurance Program
- Mortgagee Letter 2026-09: Eliminating Unnecessary Requirements for FHA Mortgagee Approval and Quality Control