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State Tax Commission Bulletin No. 8 of 2000

DATE: May 8, 2000
TO: Assessing Officers and County Equalization Directors
FROM: Michigan State Tax Commission

RE:  CERTIFIED PREVAILING INSTITUTIONAL LENDING RATES OF INTEREST FOR THE PERIOD JANUARY, 2000 THROUGH MARCH, 2000 EXPRESSED AS PERCENTAGES

 

Month Residential Commercial/Industrial Agricultural
January 8.04 9.20 8.84
February 8.33 9.35 8.84
March 8.52 9.00 8.84

Note:
The use of these rates is discussed in Bulletin No. 11 of 1985 dated October 14, 1985.
The certified rates for 1998 are included in Bulletin No. 17 of 1998 dated December 28, 1998.
The certified rates for 1999 are included in Bulletin No. 10 of 1999 dated May 10, 1999.


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