Rep. Dave Maturen, R-Brady Twp.; audio on reintroduction of tax assessment legislation

Rep. Maturen talks about the reintroduction Tuesday of his legislation that closes the “dark store” loophole, a tactic he says some large retail corporations have used to dramatically reduce the taxes on their properties.  Rep. Maturen is a licensed real estate appraiser.   He proposed similar legislation that was approved by the House in 2016 but that…

Rep. Dave Maturen, R-Brady Twp.; audio on House passage of “dark stores” legislation

Rep. Maturen talks about House passage Wednesday of his HB 5788, the so-called “dark stores” legislation, that he says brings more fairness and equity to the assessment of some vacant properties.  Recently, the Michigan Tax Tribunal has allowed old, vacant structures with deed restrictions to be used as comparable properties when determining the assessed value…

Rep. Dave Maturen, R-Brady Twp.; audio on “dark stores” legislation

Rep. Maturen, the only professional real estate appraiser in the Michigan House, talks about how April will find him introducing legislation to provide more definition to what has become known as the “dark store” issue.  Rep. Maturen says he is crafting a plan to value big box stores in a fair and equitable way while…

Rep. Dave Maturen, R-Brady Twp.; audio on legislative work group on “dark stores”

Rep. Maturen talks about a new workgroup he is heading up to address the “dark store” issue, and to look at ways large retail properties can be assessed.  Currently, big box stores are assessed based on comparable sales instead of true cash value.  Rep. Maturen, a professional real estate appraiser, says he’s looking to bring…