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SB 442

Property tax: exemptions; property tax exemption for certain nonprofit housing property; modify. Amends sec. 7kk of 1893 PA 206 (MCL 211.7kk).

2025-2026 Regular Session Introduced by Joe Bellino and 4 co-sponsors

SB 442 modifies Michigan's property tax exemptions for nonprofit housing organizations, potentially expanding qualifying properties and affecting local government revenues while addressing housing affordability.

REFERRED TO COMMITTEE ON HOUSING AND HUMAN SERVICES
#propertytax:exemptions
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Bill Summary · SB 442

Legislative bill overview

SB 442 modifies Michigan's property tax exemption statute (MCL 211.7kk) to expand or adjust tax exemptions for nonprofit organizations that develop or operate housing properties. The bill appears to address how certain nonprofit housing entities qualify for property tax relief under state law.

Why is this important

Property tax exemptions directly affect local government revenues and can influence housing affordability. Changes to nonprofit housing exemptions impact both municipal budgets and the availability of affordable housing stock, making this relevant to communities facing housing shortages and fiscal pressures.

Potential points of contention

  • Municipal revenue impact: Local governments lose tax revenue when properties receive exemptions; communities may debate whether exempting nonprofit housing adequately serves public interest
  • Definition and eligibility scope: The bill's specific modifications to exemption criteria could favor certain nonprofits over others or change which housing types qualify, potentially creating winners and losers
  • Accountability and oversight: Questions may arise about whether exempted nonprofit properties adequately serve low-income residents or maintain sufficient public accountability for the tax benefit they receive

Compiled from official sources — confirm details with the bill’s official record.

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