MCL - Act 198 of 1974


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 ;-- Am. 2001, Act 157, Imd. Eff. Nov. 6, 2001
Popular Name: Act 198

The People of the State of Michigan enact:
Document Type Description
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; exception from eligible manufacturing personal property.
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; resolutions approving or amending industrial facilities exemption certificate; completed application; error or mistake; failure to forward application, amended or transfer application, or request to revoke certificate; duties of commission.
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; replacement facility; property owned or operated by casino; "casino" defined; 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 207.561a Section Facility subject to industrial facilities exemption certificate; exemption for eligible manufacturing personal property; extension; filing combined document; "eligible manufacturing personal property" and "eligible personal property" 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; "industrial personal property" defined; termination or revocation; 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; application for industrial facilities exemption certificate for eligible next Michigan business; written agreement required; remedy provision.