Property tax: classification; parcels used to cultivate marihuana; classify as commercial real property under the general property tax act. Amend sec. 34c of 1893 PA 206 (MCL 211.34c).

HB 5246 changes Michigan's property tax classification by adding "parcels used to cultivate marihuana" to the definition of commercial real property under the General Property Tax Act. This means properties used for marijuana cultivation will now be taxed at commercial rates instead of potentially lower agricultural rates. The bill directly affects licensed marijuana cultivators and property owners who operate cannabis farms. The key provision amends Section 34c(2)(b)(v) of the tax act to explicitly include marijuana cultivation within the commercial property category, using definitions from Michigan's Marihuana Act. This is a straightforward policy change to align tax treatment with the commercial nature of cannabis cultivation operations.