Mich. Comp. Laws § 205.222: Report.

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:

The cost of the exemptions and reductions provided for in sections 2(6) and 2d(7).

A summary and review of policy and procedures concerning the taxation of the exercise of or failure to exercise limited powers of appointment.