House passes dark store bill in landslide vote
MARQUETTE – In a landslide vote this afternoon, the Michigan House of Representatives passed House Bill 5578, which aims to close a loophole that has allowed commercial retailers to significantly slash their property taxes.
The bill, sponsored b y Rep. David Maturen, R-Vicksburg, focuses on the “highest and best use” determination and accepted appraisal principles by the Michigan Tax Tribunal when making judgments on the taxable value of a property and comparables.
The bill saw overwhelming support in the house, passing with a 97-11 vote.
“It’s great news,” said Gerald Corkin, Marquette County Board chairman. “After four years of hard work in Marquette County to educate the state of Michigan on the issue, it finally worked.”
Corkin said he hopes the bill will reach the senate before its summer break.
“We’re one step closer to getting it finalized,” Corkin said.