All Roll Calls
Yes: 121 • No: 23
MichiganSB 05652025-2026 Regular SessionSenateWALLET
Property tax: exemptions; fund from which municipalities are reimbursed for certain revenue lost due to the small business property tax exemption; modify to require that unused funds lapse to the general fund. Amends sec. 3a of 2000 PA 489 (MCL 12.253a). Last Action: ASSIGNED PA 0027'25 WITH IMMEDIATE EFFECT
Sponsored By: Sarah Anthony (Democratic)
Became Law
Property tax: exemptionsProperty tax: personal propertyState management: funds
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
Local governments reimbursed for small‑business exemption
The law creates a Local Government Reimbursement Fund in the state treasury. The state treasurer deposits certain use‑tax receipts and other money into it, invests the money, and credits earnings back to the fund. The Department of Treasury pays municipalities each year for property tax revenue they lost in the prior year from the small business property tax exemption. Payments are due on or before May 31 each year, starting in 2024, and only happen if the Legislature appropriates the money. If the fund does not have enough, the state prorates payments across eligible municipalities. Any money left in the fund at fiscal year end moves to the state’s General Fund and does not carry over, and Treasury oversees audits of the fund.
Sponsors & Cosponsors
Sponsor
Sarah Anthony
Democratic • Senate
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
House vote • 10/2/2025
passed; given immediate effect
Yes: 102 • No: 7 • Other: 1
Senate vote • 9/25/2025
PASSED
Yes: 19 • No: 16 • Other: 2
Actions Timeline
ASSIGNED PA 0027'25 WITH IMMEDIATE EFFECT
10/8/2025SenateFILED WITH SECRETARY OF STATE 10/7/2025 2:52 PM
10/8/2025SenateAPPROVED BY GOVERNOR 10/7/2025 2:02 PM
10/8/2025SenatePRESENTED TO GOVERNOR 10/7/2025 1:20 PM
10/8/2025SenateORDERED ENROLLED
10/3/2025SenateFULL TITLE AGREED TO
10/3/2025SenateGIVEN IMMEDIATE EFFECT
10/3/2025Senatereturned to Senate
10/2/2025Houseinserted full title
10/2/2025Housepassed; given immediate effect Roll Call #244 Yeas 102 Nays 7 Excused 0 Not Voting 1
10/2/2025Houseread a third time
10/2/2025Houseplaced on immediate passage
10/2/2025Houseplaced on third reading
10/2/2025Houseread a second time
10/2/2025Houseplaced on second reading
10/2/2025Housemotion to discharge committee approved
10/2/2025Houserule suspended
10/2/2025Housereferred to Committee on Appropriations
9/26/2025Houseread a first time
9/26/2025Housereceived on 09/25/2025
9/26/2025HousePASSED ROLL CALL # 252 YEAS 19 NAYS 16 EXCUSED 2 NOT VOTING 0
9/25/2025SenatePLACED ON IMMEDIATE PASSAGE
9/25/2025SenateRULES SUSPENDED
9/25/2025SenatePLACED ON ORDER OF THIRD READING
9/25/2025SenateREPORTED BY COMMITTEE OF THE WHOLE FAVORABLY WITHOUT AMENDMENT(S)
9/25/2025Senate
Bill Text
Public Act
10/7/2025
As Passed by the House
10/2/2025
As Passed by the Senate
9/25/2025
Introduced
9/18/2025
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