The bill amends the General Property Tax Act of 1893, specifically section 7n, to clarify and expand the tax exemptions for certain nonprofit organizations. It specifies that real or personal property owned and occupied by nonprofit theaters, libraries, educational, or scientific institutions incorporated in Michigan is exempt from the collection of taxes under this act, provided the property is used solely for the purposes for which the institution was incorporated. Additionally, the bill introduces a provision that excludes public universities from this exemption if the property is used solely to operate a data center, defining a data center as a facility for housing computing and data processing infrastructure.

Furthermore, the bill maintains the tax exemption for real or personal property owned by nonprofit organizations dedicated to fostering literature, music, painting, or sculpture, provided these organizations enhance the cultural environment of the community and make their property available to the public regularly. The language of the bill replaces terms such as "real estate" with "real" and clarifies the conditions under which these exemptions apply, ensuring that the intent of supporting cultural and educational institutions is preserved while also addressing the specific case of public universities operating data centers.

Statutes affected:
House Introduced Bill: 211.7