There is a newer version of the Michigan Compiled Laws
2011 Michigan Compiled Laws
Chapter 207 — TAXATION
Act 106 of 1985 — STATE CONVENTION FACILITY DEVELOPMENT ACT (207.621 - 207.640)
- Section 207.621 — Short title.
- Section 207.622 — Legislative finding.
- Section 207.623 — Definitions.
- Section 207.624 — Excise tax; rates; exemption.
- Section 207.625 — Excise tax; time and manner of collection; administration of tax.
- Section 207.626 — Tax cumulative.
- Section 207.628 — Convention facility development fund; creation; disposition of collections; use of fund; contract requirement; appropriation, transfer, and deposit of amount.
- Section 207.629 — Distribution from fund; transferee as qualified local governmental unit; distribution to certain building authorities; "qualified local governmental unit" defined; certain payments prohibited; "qualified city" defined; building authority as qualified local governmental unit.
- Section 207.630 — Distribution of money remaining in fund; priority; substance abuse treatment; quarterly distributions.
- Section 207.631 — Refunding bonds, obligations, or other evidences of indebtedness; purposes for issuance; dedication of tax distributions from convention facility development fund; determination by state treasurer; effect of unlawful expenditure.
- Section 207.632 — Transmitting payment to trustee or trustees for bonds, obligations, or other evidences of indebtedness; prohibition; exception.
- Section 207.633 — When pledge effective, valid, and binding; lien of pledge; filing or recording of instrument creating pledge; construction of section.
- Section 207.634 — Bonds, obligations, or other evidences of indebtedness not debt, liability, or obligation of state; payment or refunding; statement.
- Section 207.635 — State pledge and agreement; construction of section.
- Section 207.636 — Liberal construction.
- Section 207.637 — Powers cumulative.
- Section 207.638 — Annual appropriation.
- Section 207.639 — Effective date of excise tax.
- Section 207.640 — Levy of tax; time period.
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.
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