2010 Michigan Compiled Laws
Chapter 124 - MUNICIPALITIES
Act 55 of 1963 - MASS TRANSPORTATION SYSTEM AUTHORITIES (124.351 - 124.359)
Section 124.358 - Property owned by authority; exemption from taxes or special assessments for municipal services.
MASS TRANSPORTATION SYSTEM AUTHORITIES (EXCERPT)Act 55 of 1963
124.358 Property owned by authority; exemption from taxes or special assessments for municipal services.
Sec. 8.
The real and personal property, owned by an authority and located within the service area, shall be exempt from all taxes levied by the state and by a political subdivision, except special assessments for municipal services if the property is located outside the corporate boundaries of the political subdivision by which the authority is incorporated. The real and personal property, owned by an authority and located outside the corporate boundaries of the political subdivision by which the authority is incorporated, may be exempted from special assessments for municipal services upon resolution by the governing body of the political subdivision.
History: 1963, Act 55, Imd. Eff. Apr. 29, 1963
;--
Am. 1965, Act 224, Imd. Eff. July 16, 1965
;--
Am. 1975, Act 200, Imd. Eff. Aug. 14, 1975
Disclaimer: These codes may not be the most recent version. Michigan may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
