What is the Michigan General Property Tax Act?

The Michigan General Property Tax Act is a fundamental piece of legislation that governs how property taxes are assessed, levied, and collected within the state of Michigan. It establishes the framework for property taxation procedures, including how various types of property are categorized and valued for tax purposes. This act outlines the roles and responsibilities of assessors, the processes for property assessments, appeals, exemptions, and the overall administration of property taxes in local jurisdictions.

By focusing specifically on property taxation, this law ensures that the assessment process is consistent and equitable across the state, ultimately facilitating the collection of property taxes necessary for funding local governments, schools, and public services. The other options reference topics that are not related to property taxation, such as personal income tax, commercial property leasing, and agricultural land assessment policies, which are distinct from the aims and provisions of the Michigan General Property Tax Act.