Sec. 22. Not later than January 1, 1996, the state treasurer shall submit a report to the committees of the house and senate having jurisdiction over matters of taxation that contains the following: (a) The cost of the exemptions and reductions provided for in sections 2(6) and 2d(7). (b) A summary and review of policy and procedures concerning the taxation of the exercise of or failure to exercise limited powers of appointment. History: Add. 1992, Act 65, Imd. Eff. May 28, 1992 Compiler's Notes: Former section 22 was not compiled.For applicability of section, see MCL 205.223(a). Popular Name: Inheritance Tax
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