Who can keep the $2.50 per billable parcel and what can it be used for?
If a county, city, or township collects the State Education Tax (SET) this summer, and is not collecting any other summer property taxes for the taxing unit, except the county allocated mills and/or village taxes, the law (MCL 211.905b) provides that the county, city, or township shall retain $2.50 for each parcel of property that is billed the SET before transmitting the SET collected.
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- Who can keep the $2.50 per billable parcel and what can it be used for?
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