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Michigan Compiled Laws Complete Through PA 118 of 2021
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Act 147 of 1992
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Act 147 of 1992

AN ACT to provide for the development and rehabilitation of residential housing; to provide for the creation of neighborhood enterprise zones; to provide for obtaining neighborhood enterprise zone certificates for a period of time and to prescribe the contents of the certificates; to provide for the exemption of certain taxes; to provide for the levy and collection of a specific tax on the owner of certain facilities; and to prescribe the powers and duties of certain officers of the state and local governmental units.

History: 1992, Act 147, Imd. Eff. July 16, 1992

The People of the State of Michigan enact:

Section 207.771SectionShort title.
Section 207.772SectionDefinitions.
Section 207.772aSectionInflation rate adjustment.
Section 207.773SectionNeighborhood enterprise zone; designation by resolution; notice; finding of consistency; statement; housing inspection ordinance; public hearing; determining true cash value; limitations on total acreage; amendment or repeal of resolution; designation in obsolete property rehabilitation district.
Section 207.774SectionNeighborhood enterprise zone certificate; application; filing; manner and form; contents; effective date of certificate; conditions.
Section 207.775SectionNeighborhood enterprise zone certificate; application; approval; forwarding to qualified assessing authority.
Section 207.776SectionHomestead facility or new or rehabilitated facility; determination of compliance with act; issuance and filing of certificate; maintenance of record; notice of refusal.
Section 207.777SectionNeighborhood enterprise zone certificate; requirements for issuance.
Section 207.778SectionNeighborhood enterprise zone certificate; form and contents.
Section 207.779SectionNeighborhood enterprise zone tax; exemption from ad valorem real property taxes; determination of amount; payment; disbursement; distribution to intermediate school districts; payment to state treasury; tax as lien; continuance of certificate; condition; collection as delinquent tax; facility located in renaissance zone.
Section 207.780SectionNeighborhood enterprise zone certificate; effective date; filing; affidavit of occupancy by owner as principal residence.
Section 207.781SectionRevocation, expiration, or extension of certificate; rescission of revocation.
Section 207.782SectionDuration of certificate.
Section 207.783SectionDetermination of assessed valuation of property benefiting from certificate and ad valorem property tax that would have been paid; notice.
Section 207.784SectionRepealed. 2017, Act 44, Imd. Eff. June 7, 2017.
Section 207.785SectionRepealed. 2008, Act 284, Imd. Eff. Sept. 29, 2008.
Section 207.786SectionRules; report.
Section 207.787SectionRepealed. 2001, Act 217, Imd. Eff. Dec. 28, 2001.
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