September 30, 2004, Introduced by Senators SCHAUER and GEORGE and referred to the Committee on Commerce and Labor.
A bill to amend 1893 PA 206, entitled
"The general property tax act,"
by amending section 7n (MCL 211.7n), as amended by 1981 PA 212.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
1 Sec. 7n. (1)
Real estate or personal property owned and
2 occupied by a
nonprofit theater, library, or educational , or
3 scientific institutions
incorporated under the laws of this
4 state institution with the buildings and other
property thereon
5 while occupied by them
the nonprofit theater, library, or
6 educational or scientific institution solely for the purposes for
7 which the institutions
were institution was incorporated is
8 exempt from taxation the
collection of taxes under this act.
9 In addition, real
estate
10 (2) Real or personal property owned and occupied by a
11 nonprofit organization organized
under the laws of this state
1 devoted exclusively to fostering the development of literature,
2 music, painting, or
sculpture which that substantially enhances
3 the cultural environment of a community as a whole, is available
4 to the general public on
a regular basis, and is occupied by it
5 the nonprofit organization solely for the purposes for which the
6 nonprofit organization
was incorporated is exempt from taxation
7 the collection of taxes under this act.
8 (3) As used in this section, property shall be considered
9 occupied by a nonprofit theater, library, educational or
10 scientific institution, or nonprofit organization if that
11 property is undergoing construction or renovation in order to
12 accommodate the purposes for which the nonprofit theater,
13 library, educational or scientific institution, or nonprofit
14 organization was incorporated.