DATE: June 14, 2002
TO: Assessors Equalization Directors
FROM: State Tax Commission (STC)

RE: Revised Table H for Valuing Gas Distribution Pipelines

The Michigan Tax Tribunal, in its decision in County of Wayne, et al v Michigan State Tax Commission (Docket No. 273674) directed that the multiplier table to value gas distribution pipelines must be remanded to the STC for revision to account for a corrected reconciled value.

The State Tax Commission, at its meeting on June 5, 2002, approved the attached revised Table H for valuing gas distribution pipelines and related equipment. Revised Table H replaces the original Table H contained in STC Bulletin 1 of 2000.

2002 SUPPLEMENT TO STC BULLETIN NO. 1 OF 2000

NOTE: While the personal property multiplier table which follows is part of STC Bulletin No. 7 of 2002, it is also labeled as a Supplement to STC Bulletin No. 1 of 2000 with the thought that it will also be copied and added to STC Bulletin No. 1 of 2000 in order to keep all information regarding these multipliers in one place.

                                              Revised Table H
                                              Gas Distribution
                    Age                        Pipelines

                 1                            .93
                 2                            .87
                 3                            .81
                 4                            .76
                  5                            .71
                  6                            .67
                  7                            .63
                  8                            .59
                  9                            .55
                 10                           .51
                 11                           .47
                 12                           .43
                 13                           .39
                 14                           .35
                 15 and older          .32

END OF 2002 SUPPLEMENT TO STC BULLETIN NO. 1 OF 2000.