Senate Bill 0510

ARCHIVE (2005)

Latest Information

 
DIGEST OF INTRODUCED BILL

Penalty for incomplete personal property returns. Imposes a penalty on a personal property taxpayer that fails to include on a return the information necessary for the township assessor to assign the appropriate assessed value to the return. The penalty is the lesser of 10% of the taxes on the assessed value determined by the township assessor or $1,000.

    Current Status:
     In Committee - first House
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