Bill > HB4620

This bill amends the Real Estate Transfer Tax Act to make the language gender-neutral and clarify certain exemptions from the tax. The bill updates various sections of the existing law by removing gendered terms like "his" or "her" and replacing them with neutral language such as "the officer's" or "the grantor's". It maintains the existing list of exemptions from the real estate transfer tax, which includes transfers with a value less than $100, instruments involving property outside Michigan, transfers prohibited by federal law, security instruments, leases, personal property interests, and various government-related transactions. The bill also preserves exemptions for specific types of transfers, such as those between spouses, court-ordered transfers without monetary consideration, boundary line adjustments, title confirmations, land contracts, mineral rights transfers, and certain joint tenancy creations. Notably, the bill will only take effect if a related constitutional amendment (through a Senate or House joint resolution) is approved, making this a conditional legislative change designed to update the language of the existing tax statute.

Government Affairs

https://legislature.mi.gov/Bills/Bill?ObjectName=2025-HB-4620