Property tax: other; nonprofit charitable institution status; clarify. Amends sec. 7o of 1893 PA 206 (MCL 211.7o).

SB 941 clarifies and expands property tax exemptions for various nonprofit organizations and charitable trusts in Michigan. The bill ensures that real and personal property owned by these entities remains tax-exempt when used solely for their specific charitable purposes, including cases where the property is leased to other qualifying nonprofits, hospitals, or schools. It also extends tax relief to property owned by conservation groups open to the public for recreation and allows the chief executive officer of certain nonprofits to occupy a residence on the organization's premises without losing the property's tax status. Additionally, the legislation provides specific exemptions for facilities serving the aged, chronically ill, and disabled persons, as well as charitable homes operated by fraternal or religious societies.