PLANT REHABILITATION AND INDUSTRIAL DEVELOPMENT DISTRICTS
Act 198 of 1974
AN ACT to provide for the establishment of plant rehabilitation districts and industrial development districts in local governmental units; to provide for the exemption from certain taxes; to levy and collect a specific tax upon the owners of certain facilities; to impose and provide for the disposition of an administrative fee; to provide for the disposition of the tax; to provide for the obtaining and transferring of an exemption certificate and to prescribe the contents of those certificates; to prescribe the powers and duties of the state tax commission and certain officers of local governmental units; and to provide penalties.
History: 1974, Act 198, Imd. Eff. July 9, 1974
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Am. 2001, Act 157, Imd. Eff. Nov. 6, 2001
Popular Name: Act 198
© 2009 Legislative Council, State of Michigan
The People of the State of Michigan enact:
| Section 207.551 | Section | Meanings of certain words and phrases. |
| Section 207.552 | Section | Definitions. |
| Section 207.553 | Section | Additional definitions. |
| Section 207.554 | Section | Plant rehabilitation district or industrial development district; establishment; number of parcels; filing; notice; hearing; finding and determination; district established by township; industrial property as part of industrial development district or plant rehabilitation district also part of tax increment district; termination; notice. |
| Section 207.555 | Section | Application for industrial exemption certificate; filing; contents; notice to assessing and taxing units; hearing; application fee. |
| Section 207.556 | Section | Application for industrial facilities exemption certificate; approval or disapproval; appeal. |
| Section 207.557 | Section | Determination by commission; issuance of industrial facilities exemption certificate; notice of application; concurrence; effective date of certificate; mailing and filing of certificate; notice of refusal to issue certificate; failure of commission to receive application; certificate beginning December 30, 2002 and ending December 30, 2009; retroactive amendment of certificate. |
| Section 207.557a | Section | Cost of facility exceeding certain amount of state equalized value. |
| Section 207.558 | Section | Exemption of facility and certain persons from ad valorem taxes. |
| Section 207.559 | Section | Finding and determination in resolution approving application for certificate; valuation requiring separate finding and statement; compliance with certain requirements as condition to approval of application and granting of certificate; demolition, sale, or transfer of obsolete industrial property; certificate applicable to speculative building; procedural information; failure of commission to receive application; replacement facility; property owned or operated by casino; issuance of certificates. |
| Section 207.560 | Section | Annual determination of value of facility. |
| Section 207.561 | Section | Industrial facility tax; payment; disbursements; allocation; receipt or retention of tax payment by local or intermediate school district; disposition of amount disbursed to local school district; facility located in renaissance zone; building or facility owned or operated by qualified start-up business; "qualified start-up business" defined. |
| Section 207.562 | Section | Failure to pay tax applicable to personal property; seizure and sale of personal property; civil action; jeopardy assessment; disbursement. |
| Section 207.563 | Section | Tax applicable to real property as lien; automatic termination of exemption certificate; affidavit. |
| Section 207.564 | Section | Industrial facility tax; amount of tax; determination; reduction. |
| Section 207.564a | Section | Reduction of mills used to calculate tax under MCL 207.564(3); exception. |
| Section 207.564b | Section | Repealed. 1994, Act 266, Imd. Eff. July 6, 1994. |
| Section 207.565 | Section | Revocation of exemption certificate; request; grounds; notice; hearing; order; effective date; revocation of certificate issued for speculative building; reinstatement of certificate. |
| Section 207.566 | Section | Duration of industrial facilities exemption certificate; date of issuance of certificate of occupancy. |
| Section 207.566a | Section | Industrial facilities exemption certificate; provisions. |
| Section 207.567 | Section | Assessment of real and personal property comprising facility; notice of determination. |
| Section 207.568 | Section | Rules. |
| Section 207.569 | Section | Form and contents of exemption certificate. |
| Section 207.570 | Section | Appeal. |
| Section 207.571 | Section | Transfer and assignment of industrial facilities exemption certificate. |
| Section 207.572 | Section | Industrial facilities exemption certificate; requirements for approval and issuance. |