MCL - Act 210 of 2005


Act 210 of 2005

AN ACT to provide for the establishment of commercial rehabilitation 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 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 local governmental officials; and to provide penalties.

History: 2005, Act 210, Imd. Eff. Nov. 17, 2005

The People of the State of Michigan enact:
Document Type Description
Section 207.841 Section Short title.
Section 207.842 Section Definitions.
Section 207.843 Section Commercial rehabilitation district; establishment by qualified rehabilitation district; adoption of resolution; notice and opportunity for hearing; findings and determination; rejection.
Section 207.844 Section Commercial rehabilitation exemption certificate; filing application by owner of qualified facility; notice and hearing.
Section 207.845 Section Commercial rehabilitation exemption certificate; approval or disapproval of application.
Section 207.846 Section Commercial rehabilitation exemption certificate; issuance; form; contents; effective date; maintenance of record and copies.
Section 207.847 Section Exemption of qualified facility from tax; duration of force and effect of certificate; commencement; date of issuance; extension.
Section 207.848 Section Separate finding; contents; compliance; requirements; applicability; exception.
Section 207.849 Section Determining value of each qualified facility.
Section 207.850 Section Commercial rehabilitation tax; determination of amount; payment; exemption; qualified retail food establishment; certificate issued before December 31, 2009.
Section 207.851 Section Lien.
Section 207.852 Section Commercial rehabilitation exemption certificate; revocation; transfer to subsequent owner.
Section 207.853 Section Transfer and assignment of certificate.
Section 207.854 Section Status report by local government.
Section 207.855 Section Report to legislature.
Section 207.856 Section Exemption not granted after December 31, 2025.