The bill amends the General Property Tax Act of 1893 by adding a new section, 9q, which establishes exemptions from the state education tax for certain properties levied after December 31, 2025. Specifically, it exempts residential real property classified under section 34c and qualified agricultural property that includes a single-family dwelling owned and occupied by an individual actively involved in agricultural use, provided that the owner has not claimed a principal residence exemption on other property.

Additionally, the enactment of this amendatory act is contingent upon the passage of House Bill No. 4373. This linkage ensures that the new tax exemptions will only take effect if the related legislation is also enacted, thereby coordinating the implementation of these tax changes within the broader legislative framework.

Statutes affected:
House Introduced Bill: 211.1, 211.155