Michigan Compiled Laws
206-1893-ASSESSMENT-ROLL. - Assessment Roll. (211.24...211.27e)
Section 211.24b - Assessment Based on Taxable Value; Application.

Sec. 24b.
(1) The tax roll and the tax statement shall clearly set forth the latest taxable value for each item of property.
(2) The supervisor or assessor shall spread the taxes on the tax roll on the taxable value for each item of property.
(3) These requirements do not apply if the current year's state equalized valuation or taxable value is not available when the tax roll or tax statements of a city are prepared under a law or charter provision.
History: Add. 1964, Act 275, Eff. Aug. 28, 1964 ;-- Am. 1965, Act 410, Imd. Eff. Nov. 3, 1965 ;-- Am. 1994, Act 415, Imd. Eff. Dec. 29, 1994 Popular Name: Act 206

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 211 - Taxation of Real and Personal Property

Act 206 of 1893 - The General Property Tax Act (211.1 - 211.157)

206-1893-ASSESSMENT-ROLL. - Assessment Roll. (211.24...211.27e)

Section 211.24 - Property Tax Assessment Roll; Time; Use of Computerized Database System.

Section 211.24a - Tax Rolls; Preparation by County; Expense.

Section 211.24b - Assessment Based on Taxable Value; Application.

Section 211.24c - Notice of Increase in Tentative State Equalized Valuation or Tentative Taxable Value; Contents; Required Information and Forms; Addressing and Mailing Assessment Notice; Effect of Failure to Send or Receive Assessment Notice; Calcul...

Section 211.24d - Structures or Improvements Approved for Acquisition by Governmental Units; Exemption; Affidavit; False Statement; Notice of Reoccupancy; Noncompliance; Condition for Exemption.

Section 211.24e - Definitions; Levying Ad Valorem Property Taxes for Operating Purposes; Limitation; Reduction; Approving Levy of Additional Millage Rate; Change in State Equalized Valuation of Local Governmental Unit Resulting From Appeal; Insuffici...

Section 211.24f - Proposal Authorizing Bond Issuance or Millage Rate; Ballot; Maximum Number of Elections; Submitting Single Question on Renewal and Additional Millage.

Section 211.25 - Description of Real Property.

Section 211.25a - Real Estate Index Number System.

Section 211.26 - Tax Roll; Description of Personal Property.

Section 211.27 - "True Cash Value" Defined; Considerations in Determining Value; Indicating Exclusions From True Cash Value on Assessment Roll; Subsection (2) Applicable Only to Residential Property; Repairs Considered Normal Repairs, Replacement, an...

Section 211.27a - Property Tax Assessment; Determining Taxable Value; Adjustment; Exception; "Transfer of Ownership" Defined; Qualified Agricultural Property; Notice of Transfer of Property; Notification of Recorded Transaction; Definitions.

Section 211.27b - Failure to Notify Assessing Office; Adjustment.

Section 211.27c - Failure to Notify Assessing Office; Action to Be Taken by Taxing Unit.

Section 211.27d - Report by County Equalization Director.

Section 211.27e - Reports; Transmission of Information From Affidavits; Definitions.