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MARQUETTE, MI – (Great Lakes Radio News) – Legislation to increase payments in lieu of taxes (PILT) to local governments for state-owned land within their boundaries has been approved in the Michigan Senate.
The legislation, co-sponsored by State Senator Tom Casperson, addresses problems with the payments not being made on time or paid in full.
When the state purchases land, that land is removed from the local property tax rolls. To make up for the loss of this property tax revenue, the state is supposed to pay the affected local units of government and school districts.
Among the changes in the legislation are: Increasing PILT payments for purchased lands by ensuring payments are based on current taxable values and current millage rates; increasing payments on tax-reverted land from $2 per acre to $4 per acre; forcing the state to make payments by Feb. 14 to locals that have submitted their information as required; and inserting a penalty on the state for not making payments on time.
The bills have been sent to the House of Representatives for consideration.
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