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Government Affairs > 2013 Agenda > Tax Policy > Implementation of Industrial PPT Elimination
Implementation of Industrial PPT Elimination
With the passage of the bills eliminating the industrial portion of the Personal Property Tax (PPT) in 2012, several technical clarifications remain to be addressed. Clarifications such as the definition of “eligible manufacturing personal property” and “new personal property” are needed to provide clear direction to both the State and business community in the implementation of the new law. In addition, since the new law requires support of a statewide vote as a condition of implementation, we must develop plans to ensure successful passage of the ballot proposal.
 

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MMA Vice President of Government Affairs Mike Johnston and MMA Member Charlie Pryde with Ford Motor Co. attend the signing of historic legislation to eliminate the industrial Personal Property Tax (PPT). Learn more about the elimination of the industrial PPT.