reglab/statecodes huggingface dataset:
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 255 of 1978 - Commercial Redevelopment Act (207.651 - 207.668) › Section 207.665 - Transfer or Assignment of Certificate; Approval; Notice and Hearing.

207.665 Transfer or assignment of certificate; approval; notice and hearing.
Sec. 15.
A commercial facilities exemption certificate may be transferred and assigned by the holder of the certificate to a new owner or lessee of the facility but only with the approval of the local governmental unit after application by the new owner or lessee, and notice and hearing in the manner provided in section 6 for the application for a certificate.
History:
1978, Act 255, Imd. Eff. June 21, 1978
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 255 of 1978 - Commercial Redevelopment Act (207.651 - 207.668) › Section 207.666 - Report on Status of Exemption.

207.666 Report on status of exemption.
Sec. 16.
Each governmental unit granting a commercial redevelopment exemption not later than October 15 each year shall report to the commission on the status of each exemption, including the current value of the property to which the exemption pertains, the value on which the commercial facilities tax is based, and a current estimate of the number of jobs retained or created by the exemption.
History:
1978, Act 255, Imd. Eff. June 21, 1978
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 255 of 1978 - Commercial Redevelopment Act (207.651 - 207.668) › Section 207.667 - Report on Utilization of Commercial Redevelopment Districts; Economic Analysis of Costs and Benefits.

207.667 Report on utilization of commercial redevelopment districts; economic analysis of costs and benefits.
Sec. 17.
(1) The department of commerce annually shall prepare and submit to the taxation and economic development and energy committees of the house of representatives and the finance and corporations and economic development committees of the senate a report on the utilization of commercial redevelopment districts, based on the information filed with the commission.
(2) After this act has been in effect for 3 years, the department of commerce shall prepare and submit to the taxation and economic development committees of the house of representatives and the finance and corporations and economic development committees of the senate an indepth economic analysis of the costs and benefits of this act in the 3 communities where it has been most heavily utilized as determined by dollars of state equalized valuation foregone.
History:
1978, Act 255, Imd. Eff. June 21, 1978
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 255 of 1978 - Commercial Redevelopment Act (207.651 - 207.668) › Section 207.668 - Limitation on New Exemptions; Continuation of Exemption.

207.668 Limitation on new exemptions; continuation of exemption.
Sec. 18.
A new exemption shall not be granted under this act after December 31, 2025, but an exemption then in effect shall continue until the expiration of the exemption certificate.
History:
1978, Act 255, Imd. Eff. June 21, 1978 ;-- Am. 1983, Act 252, Imd. Eff. Dec. 29, 1983 ;-- Am. 1984, Act 342, Imd. Eff. Dec. 27, 1984 ;-- Am. 2008, Act 227, Imd. Eff. July 17, 2008 ;-- Am. 2020, Act 218, Imd. Eff. Oct. 15, 2020
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 385 of 1984 - Technology Park Development Act (207.701 - 207.718) › Section 207.701 - Short Title.

207.701 Short title.
Sec. 1.
This act shall be known and may be cited as the "technology park development act".
History:
1984, Act 385, Imd. Eff. Dec. 28, 1984
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 385 of 1984 - Technology Park Development Act (207.701 - 207.718) › Section 207.702 - Meanings of Words and Phrases.

207.702 Meanings of words and phrases.
Sec. 2.
For the purposes of this act, the words and phrases defined in sections 3 and 4 have the meanings ascribed to them in those sections.
History:
1984, Act 385, Imd. Eff. Dec. 28, 1984
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 385 of 1984 - Technology Park Development Act (207.701 - 207.718) › Section 207.703 - Definitions; D to P.

207.703 Definitions; D to P.
Sec. 3.
(1) "Department" means the department of treasury.
(2) "Facility" means property to be located in a technology park district.
(3) "Local governmental unit" means a city, village, or township.
(4) "Property" means land improvements, buildings, structures, and other improvements classified by law for general ad valorem tax purposes as real property, including real property assessable as personal property under section 14(6) of the general property tax act, Act No. 206 of the Public Acts of 1893, being section 211.14 of the Michigan Compiled Laws, whether completed or in the process of construction, and machinery, equipment, furniture, and fixtures, or any part or accessory thereof, classified by law for general ad valorem tax purposes as personal property, the primary purpose and use of which real property and personal property are for 1 or more of the following:
(a) Research and development.
(b) A high technology service activity that has as its principal function the providing of services including computer, information transfer, communication, distribution, processing, administrative, laboratory, experimental, developmental, technical, or testing services.
(c) A high technology industrial activity that has as its principal function activities including the manufacture of goods or materials, the processing of goods or materials by physical or chemical change, computer related activities, communications, robotics, biological or pharmaceutical industrial activity, or technology oriented or emerging industrial or business activity not involving heavy manufacturing.
(d) A business activity that has as its primary function developing, improving, or creating new or existing products.
(5) Property, as defined in subsection (4), does not include the following:
(a) Land.
(b) Inventory.
(c) Facilities the primary purpose and use of which is the sale of goods or services at retail, housing, or lodging.
History:
1984, Act 385, Imd. Eff. Dec. 28, 1984 ;-- Am. 1990, Act 151, Imd. Eff. June 27, 1990
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 385 of 1984 - Technology Park Development Act (207.701 - 207.718) › Section 207.704 - Definitions; S, T.

207.704 Definitions; S, T.
Sec. 4.
(1) "State equalized valuation" means the valuation determined under Act No. 44 of the Public Acts of 1911, being sections 209.1 to 209.8 of the Michigan Compiled Laws.
(2) "Technology park district" or "district" means an area of a local governmental unit established as provided in section 5.
(3) "Technology park facilities exemption certificate" or "certificate" means a certificate issued pursuant to section 8.
(4) "Technology park facilities tax" means the specific tax levied under section 12.
History:
1984, Act 385, Imd. Eff. Dec. 28, 1984
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 385 of 1984 - Technology Park Development Act (207.701 - 207.718) › Section 207.706 - Application for Technology Park Facilities Exemption Certificate; Filing; Contents; Notification of Assessor and Legislative Body; Public Hearing; Notice.

207.706 Application for technology park facilities exemption certificate; filing; contents; notification of assessor and legislative body; public hearing; notice.
Sec. 6.
(1) Following the establishment of a district, the owner of record of a facility or, if an existing lease provides for the direct payment of ad valorem property taxes by the lessee, the lessee of a facility shall file an application for a technology park facilities exemption certificate with the clerk of the local governmental unit that established the district. The application shall be filed in the manner and form prescribed by the department. The application shall contain or be accompanied by a general description of the facility and a general description of the proposed use of the facility, the general nature and extent of construction to be undertaken, a descriptive list of fixed building equipment that will be a part of the facility, a descriptive list of machinery, equipment, furniture, fixtures, and other personal property that will be a part of the facility, a time schedule for commencing and completing the facility, a statement of the economic advantages expected from the exemption, including the number of jobs retained or created because of the exemption and expected construction employment, and information relating to the requirements in section 10.
(2) Upon receipt of an application for a certificate, the clerk of the local governmental unit shall notify in writing the assessor of the assessing unit in which the facility is located or to be located and the legislative body of each taxing unit that levies ad valorem property taxes in the district in which the facility is located or is to be located that such an application has been received. Before acting upon the application, the legislative body of the local governmental unit shall set a date for a public hearing on the application and shall publish public notice of the hearing. The legislative body shall also give written notice of the hearing to the applicant, the assessor, and a representative of the affected taxing jurisdictions by certified mail not less than 10 nor more than 30 days before the date of the hearing.
History:
1984, Act 385, Imd. Eff. Dec. 28, 1984 ;-- Am. 1990, Act 151, Imd. Eff. June 27, 1990
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 385 of 1984 - Technology Park Development Act (207.701 - 207.718) › Section 207.707 - Approval or Disapproval of Application; Resolution.

207.707 Approval or disapproval of application; resolution.
Sec. 7.
Not more than 60 days after receipt of the application for a certificate by the clerk, the legislative body of the local governmental unit shall, by resolution, either approve or disapprove the application in accordance with this act. The clerk shall retain the original of the application and resolution. If the application is disapproved, the reasons for the disapproval shall be set forth in the resolution, and the clerk shall send a copy of the resolution to the applicant. If the application is approved, the number of years that the certificate shall remain in full force and effect following completion of the facility as authorized in section 9 shall be stated in the resolution.
History:
1984, Act 385, Imd. Eff. Dec. 28, 1984
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 385 of 1984 - Technology Park Development Act (207.701 - 207.718) › Section 207.707a - District or Exemption Certificate; Approval or Disapproval; Effective Date of Exemption Certificate; Appeal.

207.707a District or exemption certificate; approval or disapproval; effective date of exemption certificate; appeal.
Sec. 7a.
(1) After June 30, 1990, the establishment of a district under section 5 and the approval or disapproval of an exemption certificate under section 7 is subject to the approval or disapproval of the department of treasury. If the department of treasury does not disapprove the establishment of a district or approval of an exemption certificate within 30 days after the adoption of the resolution by the local governmental unit establishing the district or approving the certificate, the district or exemption certificate shall be considered approved by the department. If the resolution approving an exemption certificate is adopted within 30 days before the end of a tax year and the department of treasury does not disapprove the exemption certificate, the exemption certificate is effective on the effective date that the legislative body of the local governmental unit specifies in the certificate.
(2) A party aggrieved by the action of the department of treasury may appeal that action in the manner and form and within the time provided by the administrative procedures act of 1969, Act No. 306 of the Public Acts of 1969, being sections 24.201 to 24.328 of the Michigan Compiled Laws.
History:
Add. 1990, Act 151, Imd. Eff. June 27, 1990
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 385 of 1984 - Technology Park Development Act (207.701 - 207.718) › Section 207.708 - Certificate; Issuance; Form; Contents; Effective Date; Filing; Record.

207.708 Certificate; issuance; form; contents; effective date; filing; record.
Sec. 8.
(1) After approval of the application for a certificate by the legislative body of the local governmental unit and the department, the clerk of the local governmental unit shall issue to the applicant a certificate in a form determined by the department that shall contain all of the following:
(a) A legal description of the real property on which the facility is located or is to be located.
(b) A descriptive list of the machinery, equipment, furniture, fixtures, and other personal property, if any, to be located in the facility.
(c) A statement that the certificate remains in force with respect to the property described in the certificate for the period stated in the certificate, unless revoked as provided in this act.
(2) The certificate shall take effect beginning on the December 31 next following the date of issuance of the certificate.
(3) The clerk of the local governmental unit shall file a copy of the certificate with the department, and the department shall maintain a record of all certificates filed.
History:
1984, Act 385, Imd. Eff. Dec. 28, 1984 ;-- Am. 1990, Act 151, Imd. Eff. June 27, 1990
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 385 of 1984 - Technology Park Development Act (207.701 - 207.718) › Section 207.709 - Exemption From Ad Valorem Real and Personal Property Taxes; Duration of Certificate; Review; Extension; Commencement and Termination of Certificate; Date of Issuance of Certificate of Occupancy; Basis of Review.

207.709 Exemption from ad valorem real and personal property taxes; duration of certificate; review; extension; commencement and termination of certificate; date of issuance of certificate of occupancy; basis of review.
Sec. 9.
(1) For the period during which the certificate is in effect, a facility for which a certificate is in effect, but not the land on which the facility is located or the inventory in the facility, is exempt from ad valorem real and personal property taxes. The lessee, occupant, user, or person in possession of the facility is exempt for the same period from any ad valorem taxes imposed under Act No. 189 of the Public Acts of 1953, being sections 211.181 to 211.182 of the Michigan Compiled Laws. Unless revoked as provided in section 14, a certificate shall remain in force and effect for a period determined by the legislative body of the local governmental unit commencing with its effective date and ending on the December 31 next following not more than 12 years after the completion date of the facility. The certificate may be issued for a period of at least 1 year, but not to exceed 12 years. If the number of years determined is less than 12, the certificate is subject to review by the legislative body of the local governmental unit, and the certificate may be extended. The total amount of time determined for the certificate including any extensions shall not exceed 12 years after the completion of the facility. The certificate shall commence with its effective date and end on the December 31 next following the last day of the number of years determined. The date of issuance of a certificate of occupancy, if required by an appropriate authority, shall be the date of completion of the facility if the certificate is issued to an owner, or the date that the lessee takes possession if the certificate is issued to a lessee.
(2) If the number of years determined by the legislative body of the local governmental unit for the period a certificate remains in force is less than 12 years, the review of the certificate for the purpose of determining an extension shall be based upon factors, criteria, and objectives that are placed in writing, approved at the time the certificate is approved by the legislative body of the local governmental unit, and sent to the applicant and department.
History:
1984, Act 385, Imd. Eff. Dec. 28, 1984 ;-- Am. 1990, Act 151, Imd. Eff. June 27, 1990 ;-- Am. 1993, Act 338, Eff. Mar. 15, 1994
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 385 of 1984 - Technology Park Development Act (207.701 - 207.718) › Section 207.711 - Annual Valuation of Facility; Duties of Assessor.

207.711 Annual valuation of facility; duties of assessor.
Sec. 11.
The assessor of a local governmental unit in which is located a facility for which 1 or more certificates are in force shall annually determine the value, as of December 31, of each facility separately, of both real and personal property. Upon receipt of notice of the filing of an application for an issuance of a certificate, the assessor of a local governmental unit shall determine and furnish to the local legislative body the value of the property to which the application pertains and other information as may be necessary to permit the local legislative body to make the determination required by section 10(1).
History:
1984, Act 385, Imd. Eff. Dec. 28, 1984
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 385 of 1984 - Technology Park Development Act (207.701 - 207.718) › Section 207.712a - Facility Subject to Technology Park Facilities Exemption Certificate; Exemption for Eligible Manufacturing Personal Property; "Eligible Manufacturing Personal Property" Defined.

207.712a Facility subject to technology park facilities exemption certificate; exemption for eligible manufacturing personal property; "eligible manufacturing personal property" defined.
Sec. 12a.
(1) If a facility was subject to a technology park facilities exemption certificate on December 31, 2012, notwithstanding any other provision of this act to the contrary, that portion of the facility that is eligible manufacturing personal property shall remain subject to the technology park facilities tax and shall remain exempt from ad valorem property taxes as provided in section 9 until that eligible manufacturing personal property would otherwise be exempt from the collection of taxes under section 9m, 9n, or 9o of the general property tax act, 1893 PA 206, MCL 211.9m, 211.9n, and 211.9o.
(2) As used in this subsection, "eligible manufacturing personal property" means that term as defined in section 9m of the general property tax act, 1893 PA 206, MCL 211.9m.
History:
Add. 2012, Act 398, Eff. Mar. 28, 2013
Compiler's Notes:
Enacting section 1 of Act 398 of 2012 provides:"Enacting section 1. Section 12a of the technology park development act, 1984 PA 385, MCL 207.712a, as added by this amendatory act is repealed if House Bill No. 6026 of the 96th Legislature is not approved by a majority of the qualified electors of this state voting on the question at an election to be held on the August regular election date in 2014."
Compiler's Notes:
HB 6026, referred to in enacting section 1, became 2012 PA 408. The act did not appear on the August 5, 2014 primary ballot.
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 385 of 1984 - Technology Park Development Act (207.701 - 207.718) › Section 207.714 - Revocation of Certificate; Grounds; Effect of Noncompliance.

207.714 Revocation of certificate; grounds; effect of noncompliance.
Sec. 14.
(1) The legislative body of the local governmental unit, by resolution, may revoke a certificate if it finds any of the following:
(a) Completion of the facility does not occur within 2 years after the effective date of the certificate or a greater time as authorized by the legislative body of the local governmental unit for good cause.
(b) The holder of the certificate, not due to circumstances beyond his or her control, fails to proceed in good faith with the operation or use of the facility in a manner consistent with the purposes of this act and in accordance with the application.
(c) The holder of the certificate does not pay the technology park facilities tax by December 31 next following the year in which the tax was due and payable.
(2) If a certificate is issued or transferred or a district created in noncompliance with this act, the certificate in noncompliance or any certificate issued for property in a district that does not comply with this act shall not be considered to have been effective for purposes of this act, including section 9. A local governmental unit that transfers a certificate in noncompliance with this act is subsequently required to receive the approval of the department before transferring a certificate under this act.
History:
1984, Act 385, Imd. Eff. Dec. 28, 1984 ;-- Am. 1990, Act 151, Imd. Eff. June 27, 1990
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 385 of 1984 - Technology Park Development Act (207.701 - 207.718) › Section 207.715 - Transfer of Certificate; Filing Application for Approval.

207.715 Transfer of certificate; filing application for approval.
Sec. 15.
(1) A holder of a certificate may transfer the certificate as provided in this section.
(2) If the holder of a certificate is an owner of the facility, a purchaser of that owner's interest must apply to the local governmental unit for approval of the transfer of the certificate. The application shall be filed prior to the effective date of the sale.
(3) If the holder of a certificate is a lessee of a facility, an assignee of that lessee's interest in the facility must apply to the local governmental unit for approval of the transfer of the certificate. The application shall be filed prior to the effective date of assignment of the interest in the facility.
(4) Notice of the application shall be given and a public hearing held as provided in section 6(2).
(5) If the owner of a facility is the holder of the certificate, a new lessee is not required to apply for transfer of the certificate.
(6) If the lessee of a facility is the holder of the certificate, a sublessee is not required to apply for transfer of the certificate.
History:
1984, Act 385, Imd. Eff. Dec. 28, 1984
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 385 of 1984 - Technology Park Development Act (207.701 - 207.718) › Section 207.716 - Status of Certificate; Report.

207.716 Status of certificate; report.
Sec. 16.
Each local governmental unit granting a certificate shall report to the department not later than October 15 of each year regarding the status of each certificate, including the current value of the property to which the certificate pertains, the value on which the technology park facilities tax is based, and a current estimate of the number of jobs retained or created within the local governmental unit by the holder of the certificate and the users or occupants of the facilities.
History:
1984, Act 385, Imd. Eff. Dec. 28, 1984 ;-- Am. 1990, Act 151, Imd. Eff. June 27, 1990
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 385 of 1984 - Technology Park Development Act (207.701 - 207.718) › Section 207.717 - Analyses of Costs and Benefits.

207.717 Analyses of costs and benefits.
Sec. 17.
After this act has been in effect for 4 years, the departments of commerce and of treasury shall jointly prepare and submit to the respective committees of the senate and house of representatives having jurisdiction over matters concerning taxes, economic development, and corporations an in-depth analysis of the costs and benefits of this act in the communities where it has been utilized.
History:
1984, Act 385, Imd. Eff. Dec. 28, 1984
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 385 of 1984 - Technology Park Development Act (207.701 - 207.718) › Section 207.718 - Exemptions; Submission of Analyses of Costs and Benefits.

207.718 Exemptions; submission of analyses of costs and benefits.
Sec. 18.
(1) A new exemption shall not be granted under this act after December 31, 1993, but an exemption then in effect shall continue until expiration of the certificate.
(2) The in-depth analysis of the costs and benefits of this act in the communities where it has been utilized required under section 17 shall be submitted to the required committees of the senate and house of representatives not later than February 1, 1990.
History:
1984, Act 385, Imd. Eff. Dec. 28, 1984 ;-- Am. 1989, Act 289, Imd. Eff. Dec. 26, 1989 ;-- Am. 1990, Act 151, Imd. Eff. June 27, 1990
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 180 of 1991 - Stadia or Convention Facility Development (207.751 - 207.759) › Section 207.752a - Violation of MCL 168.1 to 168.992 Applicable to Petitions; Penalties.

207.752a Violation of MCL 168.1 to 168.992 applicable to petitions; penalties.
Sec. 2a.
A petition under section 2, including the circulation and signing of the petition, is subject to section 488 of the Michigan election law, 1954 PA 116, MCL 168.488. A person who violates a provision of the Michigan election law, 1954 PA 116, MCL 168.1 to 168.992, applicable to a petition described in this section is subject to the penalties prescribed for that violation in the Michigan election law, 1954 PA 116, MCL 168.1 to 168.992.
History:
Add. 1998, Act 172, Eff. Mar. 23, 1999
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 180 of 1991 - Stadia or Convention Facility Development (207.751 - 207.759) › Section 207.753 - Ordinance; Required Provisions.

207.753 Ordinance; required provisions.
Sec. 3.
The ordinance adopted pursuant to section 2 shall provide for the following:
(a) The rates of the tax.
(b) The manner of imposition of the tax, including the dates on which the tax is due, the period covered by each collection, and the method or methods of payment.
(c) The rates and manner of the imposition of interest and penalties for delinquency in filing returns, payment of taxes, or violations of the ordinance, which shall not exceed interest and penalty charges imposed under Act No. 122 of the Public Acts of 1941, being sections 205.1 to 205.31 of the Michigan Compiled Laws, for a tax levied by the state.
(d) The determination and allowance of exemptions, abatements, and refunds.
(e) The designation of the collector of the tax.
(f) Procedures for the appeal of any assessment, including the period in which a person may appeal the assessment. All appeals shall be made to the tax tribunal subject to the tax tribunal act, Act No. 186 of the Public Acts of 1973, being sections 205.701 to 205.779 of the Michigan Compiled Laws.
(g) That if any 1 or more provisions of the ordinance for any reason are adjudged invalid or unenforceable, that judgment does not affect, impair, or invalidate the remaining provisions of the ordinance.
History:
1991, Act 180, Imd. Eff. Dec. 26, 1991
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 180 of 1991 - Stadia or Convention Facility Development (207.751 - 207.759) › Section 207.755 - Excise Tax Levied in Addition to Other Lawful Taxes.

207.755 Excise tax levied in addition to other lawful taxes.
Sec. 5.
The excise tax levied under this act is in addition to any other taxes, charges, or fees and may be levied notwithstanding any other law to the contrary.
History:
1991, Act 180, Imd. Eff. Dec. 26, 1991
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 180 of 1991 - Stadia or Convention Facility Development (207.751 - 207.759) › Section 207.756 - Disposition and Use of Excise Tax Revenues.

207.756 Disposition and use of excise tax revenues.
Sec. 6.
The revenues from the tax imposed under this act shall be deposited in a special fund and shall be used and may be pledged by the eligible municipality only for the following purposes or paid to the following entities in the following order of priority:
(a) Costs borne by the eligible municipality for the election required under section 2(3) and in the administration and enforcement of the ordinance.
(b) Costs associated with the acquisition and construction of a stadium as defined by section 1(i)(i) or with the acquisition, improvement, enlargement, and construction of a stadium as defined by section 1(i)(ii) or convention facility as defined by section 1(c), including the reimbursement of those costs paid by an eligible municipality, and costs of current or future annual rental payable for a stadium or convention facility by an eligible municipality, or reimbursement of the eligible municipality for rentals paid, to an authority that is incorporated by the eligible municipality pursuant to Act No. 31 of the Public Acts of the First Extra Session of 1948, being sections 123.951 to 123.965 of the Michigan Compiled Laws.
(c) To the extent not needed for purposes identified in subdivision (a) or (b) in any year or to maintain a reserve for those purposes in future years, costs associated with the clearance and improvement of land for assembly and development purposes.
History:
1991, Act 180, Imd. Eff. Dec. 26, 1991
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 180 of 1991 - Stadia or Convention Facility Development (207.751 - 207.759) › Section 207.757 - Entering Into Contract for Lease of Stadium or Convention Facility Payable From Excise Tax Revenues; Conditions.

207.757 Entering into contract for lease of stadium or convention facility payable from excise tax revenues; conditions.
Sec. 7.
An eligible municipality imposing an excise tax pursuant to this act shall not enter into a contract for lease of a stadium or convention facility payable in whole or in part from the revenues of the excise tax unless the eligible municipality takes action to insure the proceeds of any obligations issued by an authority to which rentals are payable, whether or not secured by a pledge of revenues from the excise tax, and any other available money are sufficient to defray the cost of the stadium or convention facility. This action may include the appointment of officials or employees of a local governmental unit as members of the authority to which revenues of the excise tax may be pledged under this act. An official or employee of a local governmental unit appointed to an authority to which revenues of the excise tax may be pledged under this act is not considered to be concurrently holding incompatible offices or to be in breach of a duty of his or her public office by reason of the power of the position or because of a contract for lease of the stadium or convention facility between the authority and the eligible municipality.
History:
1991, Act 180, Imd. Eff. Dec. 26, 1991
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 180 of 1991 - Stadia or Convention Facility Development (207.751 - 207.759) › Section 207.758 - Legislative Intent.

207.758 Legislative intent.
Sec. 8.
(1) It is the intent of this legislature that state funds shall not be used for the construction, maintenance, or operation of stadia or convention facilities.
(2) It is the intent of this legislature that state funds shall not be used as a subsidy or to subsidize a shortfall of revenues collected from nonstate sources.
History:
1991, Act 180, Imd. Eff. Dec. 26, 1991
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 180 of 1991 - Stadia or Convention Facility Development (207.751 - 207.759) › Section 207.759 - Repeal of MCL 141.851 to 141.855.

207.759 Repeal of MCL 141.851 to 141.855.
Sec. 9.
Act No. 232 of the Public Acts of 1971, being sections 141.851 to 141.855 of the Michigan Compiled Laws, is repealed.
History:
1991, Act 180, Imd. Eff. Dec. 26, 1991
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 147 of 1992 - Neighborhood Enterprise Zone Act (207.771 - 207.787) › Section 207.771 - Short Title.

207.771 Short title.
Sec. 1.
This act shall be known and may be cited as the "neighborhood enterprise zone act".
History:
1992, Act 147, Imd. Eff. July 16, 1992
Compiler's Notes:
For transfer of powers and duties of Michigan enterprise authority to the chief executive officer of Michigan jobs commission, see E.R.O. No. 1994-8, compiled at MCL 408.47 of the Michigan Compiled Laws.
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 147 of 1992 - Neighborhood Enterprise Zone Act (207.771 - 207.787) › Section 207.772a - Inflation Rate Adjustment.

207.772a Inflation rate adjustment.
Sec. 2a.
Beginning in 2021 and each year thereafter, the state treasurer shall adjust the dollar amounts described in section 2(m) by the inflation rate as defined in section 34d of the general property tax act 1893 PA 206, MCL 211.34d, for that year.
History:
Add. 2020, Act 3, Imd. Eff. Jan. 27, 2020
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 147 of 1992 - Neighborhood Enterprise Zone Act (207.771 - 207.787) › Section 207.775 - Neighborhood Enterprise Zone Certificate; Application; Approval; Forwarding to Qualified Assessing Authority.

207.775 Neighborhood enterprise zone certificate; application; approval; forwarding to qualified assessing authority.
Sec. 5.
Not more than 60 days after receipt by its clerk of an application under section 4, the governing body of the local governmental unit by resolution shall approve the application for a neighborhood enterprise zone certificate. The clerk shall forward the application to the qualified assessing authority.
History:
1992, Act 147, Imd. Eff. July 16, 1992 ;-- Am. 2008, Act 284, Imd. Eff. Sept. 29, 2008
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 147 of 1992 - Neighborhood Enterprise Zone Act (207.771 - 207.787) › Section 207.776 - Homestead Facility or New or Rehabilitated Facility; Determination of Compliance With Act; Issuance and Filing of Certificate; Maintenance of Record; Notice of Refusal.

207.776 Homestead facility or new or rehabilitated facility; determination of compliance with act; issuance and filing of certificate; maintenance of record; notice of refusal.
Sec. 6.
Not later than 60 days after receipt of an approved application for a homestead facility or a rehabilitated facility, and not later than 30 days, or if an approved application is received after June 15, not later than 45 days after receipt of an approved application for a new facility, the qualified assessing authority shall determine whether the homestead facility, new facility, or rehabilitated facility complies with the requirements of this act. If the qualified assessing authority finds compliance, the qualified assessing authority shall issue a neighborhood enterprise zone certificate to the applicant and send a certified copy of the certificate to each affected taxing unit. The assessor shall keep the certificate filed on record in his or her office. The qualified assessing authority shall maintain a record of all certificates filed. Notice of the qualified assessing authority's refusal to issue a certificate shall be sent by certified mail to the same persons.
History:
1992, Act 147, Imd. Eff. July 16, 1992 ;-- Am. 2005, Act 338, Imd. Eff. Jan. 3, 2006 ;-- Am. 2008, Act 284, Imd. Eff. Sept. 29, 2008 ;-- Am. 2022, Act 238, Eff. Mar. 29, 2023
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 147 of 1992 - Neighborhood Enterprise Zone Act (207.771 - 207.787) › Section 207.777 - Neighborhood Enterprise Zone Certificate; Requirements for Issuance.

207.777 Neighborhood enterprise zone certificate; requirements for issuance.
Sec. 7.
(1) The commission shall not issue a neighborhood enterprise zone certificate for a new facility unless the new facility meets the requirements of the definition in section 2(g).
(2) The commission shall not issue a neighborhood enterprise zone certificate for a rehabilitated facility unless the rehabilitated facility meets the requirements of the definition in section 2(m).
(3) The assessor of the local governmental unit shall not issue a neighborhood enterprise zone certificate for a homestead facility unless the homestead facility meets the requirements of the definition in section 2(e).
History:
1992, Act 147, Imd. Eff. July 16, 1992 ;-- Am. 2005, Act 338, Imd. Eff. Jan. 3, 2006 ;-- Am. 2008, Act 284, Imd. Eff. Sept. 29, 2008 ;-- Am. 2020, Act 3, Imd. Eff. Jan. 27, 2020
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 147 of 1992 - Neighborhood Enterprise Zone Act (207.771 - 207.787) › Section 207.778 - Neighborhood Enterprise Zone Certificate; Form and Contents.

207.778 Neighborhood enterprise zone certificate; form and contents.
Sec. 8.
A neighborhood enterprise zone certificate shall be in the form prescribed and provided by the commission and shall include both of the following:
(a) A legal description of the real property on which the new facility is to be located or the legal description of the homestead facility or the rehabilitated property.
(b) A statement that unless revoked under this act, the certificate shall remain in effect for the period stated in the certificate.
History:
1992, Act 147, Imd. Eff. July 16, 1992 ;-- Am. 2005, Act 339, Imd. Eff. Jan. 3, 2006 ;-- Am. 2019, Act 163, Eff. Mar. 19, 2020
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 147 of 1992 - Neighborhood Enterprise Zone Act (207.771 - 207.787) › Section 207.780 - Neighborhood Enterprise Zone Certificate; Effective Date; Filing; Affidavit of Occupancy by Owner as Principal Residence.

207.780 Neighborhood enterprise zone certificate; effective date; filing; affidavit of occupancy by owner as principal residence.
Sec. 10.
(1) Except as provided in subsections (2) and (3), the effective date of the neighborhood enterprise zone certificate is December 31 in the year in which the new facility or rehabilitated facility is substantially completed and, for a new facility, occupied by an owner as a principal residence, as evidenced by the owner filing with the assessor of the local assessing unit all of the following:
(a) For a new facility, a certificate of occupancy.
(b) For a rehabilitated facility, a certificate that the improvements meet minimum local building code standards issued by the local building inspector or other authorized officer or a certificate of occupancy if required by local building permits or building codes.
(c) For a rehabilitated facility, documentation proving the cost requirements of section 2(m) are met.
(d) For a homestead facility or a new facility, except for a new facility described in section 2(g)(ii), an affidavit executed by an owner affirming that the homestead facility or new facility is occupied by an owner as a principal residence.
(2) If a new facility is substantially completed in a year but is not occupied by an owner as a principal residence until the following year, upon the request of the owner, the effective date of the neighborhood enterprise zone certificate shall be December 31 in the year immediately preceding the date of occupancy by the owner as a principal residence.
(3) Upon the request of the owner, the effective date of the neighborhood enterprise zone certificate for a rehabilitated facility shall be December 31 in the year immediately preceding the date on which the rehabilitated facility is substantially completed.
History:
1992, Act 147, Imd. Eff. July 16, 1992 ;-- Am. 2001, Act 158, Imd. Eff. Nov. 6, 2001 ;-- Am. 2001, Act 217, Imd. Eff. Dec. 28, 2001 ;-- Am. 2005, Act 339, Imd. Eff. Jan. 3, 2006 ;-- Am. 2020, Act 3, Imd. Eff. Jan. 27, 2020 ;-- Am. 2022, Act 238, Eff. Mar. 29, 2023
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 147 of 1992 - Neighborhood Enterprise Zone Act (207.771 - 207.787) › Section 207.783 - Determination of Assessed Valuation of Property Benefiting From Certificate and Ad Valorem Property Tax That Would Have Been Paid; Notice.

207.783 Determination of assessed valuation of property benefiting from certificate and ad valorem property tax that would have been paid; notice.
Sec. 13.
(1) The assessor of each local governmental unit in which is located a homestead facility, a new facility, or a rehabilitated facility for which a neighborhood enterprise zone certificate is in effect shall determine annually, with respect to each homestead facility, new facility, or rehabilitated facility, the assessed valuation of the property comprising the facility having the benefit of a neighborhood enterprise zone certificate and the amount of ad valorem property tax that would have been paid with respect to each homestead facility, new facility, and rehabilitated facility under the general property tax act, 1893 PA 206, MCL 211.1 to 211.155, if the certificate had not been in force, and the assessed valuation on which the neighborhood enterprise zone tax is based for a homestead facility or a rehabilitated facility. A holder of a certificate shall furnish to the assessor the information necessary for the determination.
(2) After making the determinations under subsection (1), the assessor shall send annually notification of those determinations to the governing body of each taxing unit that levies taxes upon property in the local governmental unit in which the new facility or rehabilitated facility is located and the holder of the certificate for which the determination is made. The notice must be sent by certified mail not later than October 15 and must be based upon the valuation as of the immediately preceding December 31.
History:
1992, Act 147, Imd. Eff. July 16, 1992 ;-- Am. 2005, Act 339, Imd. Eff. Jan. 3, 2006 ;-- Am. 2017, Act 44, Imd. Eff. June 7, 2017
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 147 of 1992 - Neighborhood Enterprise Zone Act (207.771 - 207.787) › Section 207.784 - Repealed. 2017, Act 44, Imd. Eff. June 7, 2017.

207.784 Repealed. 2017, Act 44, Imd. Eff. June 7, 2017.
Compiler's Notes:
The repealed section pertained to publication of list of governmental units meeting criteria of MCL 207.772(d).
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 147 of 1992 - Neighborhood Enterprise Zone Act (207.771 - 207.787) › Section 207.785 - Repealed. 2008, Act 284, Imd. Eff. Sept. 29, 2008.

207.785 Repealed. 2008, Act 284, Imd. Eff. Sept. 29, 2008.
Compiler's Notes:
The repealed section pertained to issuance of report on costs and benefits of act.
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 147 of 1992 - Neighborhood Enterprise Zone Act (207.771 - 207.787) › Section 207.786 - Rules; Report.

207.786 Rules; report.
Sec. 16.
(1) The commission may promulgate rules it considers necessary for the administration of this act pursuant to the administrative procedures act of 1969, 1969 PA 306, MCL 24.201 to 24.328.
(2) Not later than June 15 each year, the assessor of each local governmental unit that issues a certificate under this act for a homestead facility shall file with the commission a report that contains all of the following information for the immediately preceding calendar year:
(a) The number of certificates issued.
(b) The date of issuance of each certificate.
(c) The name and address of the holder of each certificate.
(d) The legal description of the real property of the homestead facility for which each certificate was issued.
(e) The taxable value for each homestead facility for which a certificate was issued.
(f) For each certificate that was transferred, all of the following:
(i) The date of each transfer.
(ii) The name and address of the former holder of the certificate.
(iii) The name and address of the current holder of the certificate.
(g) For each certificate that was revoked pursuant to section 11, all of the following:
(i) The reason for the revocation.
(ii) The date of the revocation.
(iii) The name and address of the holder of each certificate that was revoked.
(h) The impact on neighborhood revitalization in the local governmental unit, including the estimated tax savings for all new and current certificate holders.
(3) A report required by this section shall be prepared by the local assessor on a form provided by the commission. The commission may require that the report be filed in an electronic format prescribed by the commission.
(4) Not later than October 15 each year, the commission shall review and evaluate the information contained in the report described in subsection (2) and submit a report based on that evaluation to each house of the legislature, the chairpersons of the senate and house of representatives standing committees on appropriations, the chairperson of the senate standing committee on finance, and the chairperson of the house of representatives standing committee on tax policy. The report required under this subsection shall also include specific recommendations for any changes considered necessary in this act.
History:
1992, Act 147, Imd. Eff. July 16, 1992 ;-- Am. 2008, Act 284, Imd. Eff. Sept. 29, 2008
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 147 of 1992 - Neighborhood Enterprise Zone Act (207.771 - 207.787) › Section 207.787 - Repealed. 2001, Act 217, Imd. Eff. Dec. 28, 2001.

207.787 Repealed. 2001, Act 217, Imd. Eff. Dec. 28, 2001.
Compiler's Notes:
The repealed section pertained to issuance of certificate after December 31, 2002.
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 24 of 1995 - Michigan Economic Growth Authority Act (207.801 - 207.810) › Section 207.801 - Short Title.

207.801 Short title.
Sec. 1.
This act shall be known and may be cited as the "Michigan economic growth authority act".
History:
1995, Act 24, Imd. Eff. Apr. 18, 1995
Compiler's Notes:
For transfer of powers and duties of Michigan economic growth authority to Michigan strategic fund board and abolishment of Michigan economic growth authority, see E.R.O. No. 2012-4, compiled at MCL 125.1994.
Popular Name:
MEGA
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 24 of 1995 - Michigan Economic Growth Authority Act (207.801 - 207.810) › Section 207.802 - Legislative Findings.

207.802 Legislative findings.
Sec. 2.
The legislature finds that it is in the public interest to promote economic growth and to encourage private investment, job creation, and job upgrading for residents in this state.
History:
1995, Act 24, Imd. Eff. Apr. 18, 1995
Compiler's Notes:
For transfer of powers and duties of Michigan economic growth authority to Michigan strategic fund board and abolishment of Michigan economic growth authority, see E.R.O. No. 2012-4, compiled at MCL 125.1994.
Popular Name:
MEGA
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 24 of 1995 - Michigan Economic Growth Authority Act (207.801 - 207.810) › Section 207.807 - Application for Tax Credit; Written Agreement; Form.

207.807 Application for tax credit; written agreement; form.
Sec. 7.
(1) An eligible business may apply to the authority to enter into a written agreement which authorizes a tax credit under section 9.
(2) The form of the application shall be as specified by the authority from time to time. The authority may request such information, in addition to that contained in an application, as may be needed to permit the authority to discharge its responsibilities under section 8.
History:
1995, Act 24, Imd. Eff. Apr. 18, 1995
Compiler's Notes:
For transfer of powers and duties of Michigan economic growth authority to Michigan strategic fund board and abolishment of Michigan economic growth authority, see E.R.O. No. 2012-4, compiled at MCL 125.1994.
Popular Name:
MEGA
2023 Michigan Compiled Laws › Chapter 207 - Taxation › Act 24 of 1995 - Michigan Economic Growth Authority Act (207.801 - 207.810) › Section 207.808a - Fee or Donation.

207.808a Fee or donation.
Sec. 8a.
Beginning on the effective date of the amendatory act that added this section, the authority shall not require an eligible business, as a condition of becoming an authorized business, to pay an unreasonable fee to or make a donation to the Michigan economic development corporation or a foundation or fund associated with the Michigan economic development corporation.
History:
Add. 2003, Act 248, Imd. Eff. Dec. 29, 2003
Compiler's Notes:
For transfer of powers and duties of Michigan economic growth authority to Michigan strategic fund board and abolishment of Michigan economic growth authority, see E.R.O. No. 2012-4, compiled at MCL 125.1994.
Popular Name:
MEGA