Senate Bill 349 signed into law

State Sen. Dave Hildenbrand (left), R-Lowell, joined Gov. Rick Snyder at the Capitol Tuesday as he signed Public Act 114 of 2012 (Senate Bill 349) into law. This legislation will ensure that homeowners can more easily utilize the important Principal Residence Exemption when purchasing a home. This exemption is a vital one that lowers individual’s property taxes on their primary residence here in Michigan allowing greater flexibility for individuals applying for this exemption.