- Date
- March 13, 2025
- Time
- 10:00AM - 3:00PM (EST)
- Sponsor
- Great Lakes Chapter
- Location
- Book Tower
1265 Washington Blvd
Detroit, MI 48226
- Instructor
- Timothy Hodge
- Full Price
- $100.00
- AI Price
- $100.00
Course Description
30 Years of Capping Taxable Values in Michigan: The Good, The Bad, and The Ugly
Michigan's taxable value cap is not without consequence. This talk begins with an overview of the cap's history, outlining its purpose and legislative passage. It then transitions into an in-depth analysis of the distortions and unintended consequences created by the cap, focusing on three affected groups: residents, businesses, and local jurisdictions. These distortions manifest in various ways, including (but not limited to) inequities, price distortions, unexpected financial shocks, altered competition, reduced development, dissatisfaction, and difficulties in recovering from recessions. The talk concludes by exploring potential solutions, ranging from enhancing public awareness to pursuing constitutional reforms aimed at addressing this growing challenge.
Who Should Enroll
Appraisers
Assessors
State Approvals
| State | QE/CE | Course & Exam | Course Only | Exam Only | Delivery Format | Approval Format | Start Date | Expire Date | State Code |
|---|---|---|---|---|---|---|---|---|---|
| MI | CE | 4 | Classroom | Classroom | 03/03/2025 | 12/31/2026 | 20-1283119 (Great Lakes Chapter) |
Event Information
10 am – 11:30 am – Tour of Book Tower Building in Detroit.
11:30 am – 12:00 pm - break
Noon – 1 pm - lunch
1:00 pm – 1:50 pm - Overview of the cap's history, outlining its purpose and legislative passage
1:50 pm – 2:00 pm – break
2:00 pm – 3:00 pm - In-depth analysis of the distortions and unintended consequences created by the cap, focusing on three affected groups: residents, businesses, and local jurisdictions