Senate: House is holding up property tax relief bill
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Senate: House is holding up property tax relief bill

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Lansing, MI – October 02, 2008 – (RealEstateRama) — Senate Majority Leader Mike Bishop today called on House Democrats to transmit House Joint Resolution III to the Senate for consideration.  House Democrats allowed a vote on the resolution on Thursday, which passed unanimously, but have since refused to transmit the bill to the Senate, disallowing any further action.

“The Senate is ready and waiting to take up House Joint Resolution III to provide real property tax relief for Michigan families,” said Bishop, R-Rochester Hills. “But the fate of this package lies with House Democrat leadership. As they continue to hold this legislation hostage, Michigan families are waiting for relief. The Senate stands ready to act to place this issue on the ballot for February.”

House Joint Resolution III is a proposal to prohibit increases in a home’s taxable value when its market value increases by less than the rate of inflation. Since the measure is a constitutional revision, the change would have to go before the voters for their approval.  The House isn’t scheduled to meet during October, while the Senate reconvenes on Thursday.

“This is election-year politics at the expense of Michigan homeowners, and it cannot continue,” Bishop said. “We owe it to tens of thousands of Michigan families and homeowners to move this legislation forward.”

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