Bipartisan plan keeps repeal of punitive tax and protects local governments

For Immediate Release                
Feb. 25, 2014              

Contact: Greg Moore
517-373-2426
                                                                       
LANSING—Upon introduction today of a 10-bill package (Senate Bills 821-830) dealing with the elimination of the Personal Property Tax (PPT), Sen. Mike Nofs, R-Battle Creek, issued the following statement:                        

“I want to thank Lt. Gov. Calley and his staff, as well as all those who worked so hard crafting this compromise package over the last 18 months. I’m pleased that the end result will allow us to fulfill our commitment to fund vital local government services while eliminating a tax that is much despised by all parties.

“Under this plan, elimination of the PPT will decrease the paperwork and administrative burden for businesses and local governments, provide a much more stable funding source for local units and place us in a much more competitive position for new jobs and investment relative to our neighboring states.

“I look forward to putting this issue before voters for their approval in August.”