state_legiscan_drain · MI
Taxation: state real estate transfer; state real estate transfer tax; repeal. Repeals 1993 PA 330 (MCL 207.521 - 207.537).
April 22, 2026
Summary
If enacted, this bill would repeal Michigan's state real estate transfer tax, eliminating the tax imposed under 1993 PA 330 (MCL 207.521-207.537). This would reduce closing costs for property buyers and sellers in Michigan, affecting all real estate transactions in the state.
AI-generated summary · Jun 8, 2026. Verify with your compliance counsel before acting.
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Source: https://legislature.mi.gov/Bills/Bill?ObjectName=2026-HB-5874
Common questions
- What does "Taxation: state real estate transfer; state real estate transfer tax; repeal. Repeals 1993 PA 330 (MCL 207.521 - 207.537)." cover?
- If enacted, this bill would repeal Michigan's state real estate transfer tax, eliminating the tax imposed under 1993 PA 330 (MCL 207.521-207.537). This…
- When was it published?
- It was published on April 22, 2026.