Public Acts 261-264 of 2017 were signed into law on Dec. 28, 2017. The Acts made several changes that affect both the Small Business Taxpayer Exemption (Form 5076) and the Eligible Manufacturing Personal Property Exemption (EMPP-Form 5278).
- Form 5076 - The "Small Business Taxpayer" exemption has been changed from an affidavit to a statement, which will allow the assessor to accept either a facsimile or electronic signature on the form. The deadline for filing has changed to Feb. 20, 2018. Postmark on or before Feb. 20, 2018, is acceptable.
- Form 5278 - P.A. 261-264 also changed the statute to allow assessors to accept a postmark by Feb. 20, 2018.
- Form 632 - The statute did not change to allow the acceptance of a postmark. Form 632 must be received in the assessor's office on or before February 20.
Appeal Procedure - Missed Filing Deadline for Forms 5076 and 5278 - Taxpayers who miss the filing deadline for the Small Business Taxpayer Exemption or the EMPP Exemption may file a late application directly with the March Board of Review. The March Board of Review should grant the exemption as long as the taxpayer otherwise qualifies for the exemption.