Casperson Bill Heads To Governor’s Desk
MI Senator Tom Casperson. (R)-Escanaba.
Marquette, MI – (Great Lakes Radio News) – The state Senate has unanimously passed legislation sponsored by Senator Tom Casperson to assist those who rebuild structures lost to acts of God or natural disasters.
The bill clarifies state law to ensure that those who lose homes or buildings to natural disasters such as wildfires, tornadoes, or floods, would not be subject to higher property taxes when they rebuild a substantially similar structure within three years of the incident.
In 2012, 136 structures were lost during the Duck Lake fire in Luce County. Of those structures, 49 were homes, cabins or businesses and 58 were garages or outbuildings.
Casperson says current law punishes the property owners victimized by the fire with a higher property tax bill if they choose to rebuild, even if they choose to rebuild exactly the same structure.
Casperson’s measure amends the state law to ensure that people who rebuild would not be penalized with higher taxes on the structures they replaced.
The bill now heads to the governor’s desk for his signature.
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