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Bill > HB4111


MI HB4111

Property tax: exemptions; personal property constituting certain hydrogen fuel pumps; exempt. Amends secs. 27 & 34d of 1893 PA 206 (MCL 211.27 & 211.34d) & adds sec. 9q. TIE BAR WITH: HB 4112'25


summary

Introduced
02/25/2025
In Committee
02/25/2025
Crossed Over
Passed
Dead

Introduced Session

103rd Legislature

Bill Summary

A bill to amend 1893 PA 206, entitled"The general property tax act,"by amending sections 27 and 34d (MCL 211.27 and 211.34d), as amended by 2022 PA 240, and by adding section 9q.

AI Summary

This bill provides a property tax exemption for certain hydrogen fuel pumps used to fill motor vehicles with hydrogen fuel. Specifically, for taxes levied after December 31, 2025, all personal property classified as industrial or commercial that constitutes a "qualified hydrogen fuel pump" will be exempt from property tax collection. A qualified hydrogen fuel pump is defined as a machine or device located in Michigan used to fill motor vehicles with hydrogen fuel, meeting either the H35 standard (35 Megapascals dispensing pressure) or the H70 standard (70 Megapascals dispensing pressure). The bill also updates related sections of the General Property Tax Act to incorporate this new exemption, including adding the hydrogen fuel pump installation to a list of normal maintenance activities that do not increase a property's assessed value. The bill is tied to the passage of House Bill 4112, meaning it will only take effect if that companion bill is also enacted into law. The purpose appears to be to encourage the development of hydrogen fuel infrastructure by providing a tax incentive for businesses that install hydrogen fueling equipment.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Bill Electronically Reproduced 02/25/2025 (on 02/26/2025)

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