MCL - Act 237 of 2022
AN ACT to provide for the establishment of residential housing districts in certain local governmental units; to provide for the exemption from certain taxes; to levy and collect a specific tax upon the owners of certain qualified residential facilities; 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 certain state and local governmental officials; and to provide penalties.
History: 2022, Act 237, Imd. Eff. Dec. 13, 2022
| Document | Type | Description |
|---|---|---|
| Section 207.951 | Section | Short title. |
| Section 207.952 | Section | Definitions. |
| Section 207.953 | Section | Residential housing district; establishment by qualified local governmental unit; adoption of resolution; notice and opportunity for hearing; findings and determination. |
| Section 207.954 | Section | Residential housing exemption certificate; application requirements; notice and opportunity for hearing. |
| Section 207.955 | Section | Approval or disapproval of residential housing exemption certificate. |
| Section 207.956 | Section | Issuance of residential housing exemption certificate; form; contents; effective date; maintenance of record and copies. |
| Section 207.957 | Section | Exemption of qualified residential facility from tax; duration of force and effect of certificate; commencement; date of issuance; extension. |
| Section 207.958 | Section | Separate finding; contents; compliance; requirements; applicability; exception. |
| Section 207.959 | Section | Determining taxable value of each qualified residential facility. |
| Section 207.960 | Section | Residential housing facility tax; determination of amount; exemption; payment; disbursements. |
| Section 207.961 | Section | Lien. |
| Section 207.962 | Section | Residential housing exemption certificate; revocation; transfer to subsequent owner. |
| Section 207.963 | Section | Transfer and assignment of certificate. |
| Section 207.964 | Section | Status report by local government. |
| Section 207.965 | Section | Annual report to legislature. |
| Section 207.966 | Section | Exemption not granted after December 31, 2027. |