Lower property tax bill approved by House

According to excerpts from the story:

To buy or not to buy, that is the question.

The purchase being considered? A house, and when to buy might be of particular concern because Michigan lawmakers are mulling legislation that could save new homeowners thousands over time in lower property tax bills.

Allowing purchasers over the next 18 months to inherit the lower, constitutionally capped property tax bills paid by the sellers could be approved by the Democrat-controlled House as early as today. The House Commerce Committee approved it Tuesday.

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