Sec. 22.
Not later than January 1, 1996, the state treasurer shall submit a report to the committees of the house and senate having jurisdiction over matters of taxation that contains the following:
(a) The cost of the exemptions and reductions provided for in sections 2(6) and 2d(7).
(b) A summary and review of policy and procedures concerning the taxation of the exercise of or failure to exercise limited powers of appointment.
History: Add. 1992, Act 65, Imd. Eff. May 28, 1992
Compiler's Notes: Former section 22 was not compiled.For applicability of section, see MCL 205.223(a).
Popular Name: Inheritance Tax