Detroit is considering a split-rate property tax:
This is when you tax buildings and land at different rates. This would enable shifting Detroit's property tax system closer to something like a land value tax
Your job is to guess if this will happen before Jan 1. 2025, and if so, in which year. The policy just needs to be formally and legally adopted (passed by the relevant lawmaking body) for this to resolve, even if it is not scheduled to actually be implemented until e.g. the following year.
1,000
3.00Note that September 6th is the "Deadline for ballot wording for constitutional amendments and legislative referendums, which the legislature wishes to place on the November general election ballot, presented to the Secretary of State." And there are only six days left on the House legislative calendar, and seven in the Senate, before that deadline.
Yeah, it's still theoretically possible that the authorizing ballot measure could be rammed through this year, but for all practical purposes, this is dead for 2024.
Looks like Dugan was pushing to get it on the February 2024 ballot, and the implicit consensus is to put it on the November 2024 ballot instead.
