Senate finance committee passes bill on charitable nonprofits' property taxes

Senate finance committee passes bill on charitable nonprofits' property taxes

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Charitable nonprofits fill gaps and relieve local and state government by providing food, health care, job training and other critical services to close gaps in services in communities, said Donna Murray-Brown, president and CEO of the Michigan Nonprofit Association, which approached Brandenburg about the need for legislation after hearing an increasing number of charities across the state being assessed property taxes.

Most 501(c)3 charitable nonprofits operating in Michigan have annual operating budgets of less than $500,000, she said.

They "are a good investment," providing a three-to-one return for every dollar spent on them, Murray-Brown said Tuesday during testimony before the committee. The bill also stipulates that the state tax commission work with Michigan Nonprofit Association to educate municipal assessors so they can understand the changes to the act.

Source Name: 
Crain's Detroit Business
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