There is a newer version of the Michigan Compiled Laws
2015 Michigan Compiled Laws
Chapter 207 - Taxation
Act 198 of 1974 PLANT REHABILITATION AND INDUSTRIAL DEVELOPMENT DISTRICTS (207.551 - 207.572)***** 207.566 SUBSECTION (2) MAY NOT APPLY: See (2) of 207.566 *****
AN ACT to provide for the establishment of plant rehabilitation districts and industrial development districts in local governmental units; to provide for the exemption from certain taxes; to levy and collect a specific tax upon the owners of certain facilities; to impose and provide for the disposition of an administrative fee; 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 the state tax commission and certain officers of local governmental units; and to provide penalties.
History: 1974, Act 198, Imd. Eff. July 9, 1974 ;-- Am. 2001, Act 157, Imd. Eff. Nov. 6, 2001
Popular Name: Act 198
- Section 207.551 Meanings of certain words and phrases.
- Section 207.552 Definitions.
- Section 207.553 Additional definitions.
- Section 207.554 Plant rehabilitation district or industrial development district; establishment; number of parcels; filing; notice; hearing; finding and determination; district established by township; industrial property as part of industrial development district or plant rehabilitation district also part of tax increment district; termination; notice.
- Section 207.555 Application for industrial exemption certificate; filing; contents; notice to assessing and taxing units; hearing; application fee.
- Section 207.556 Application for industrial facilities exemption certificate; approval or disapproval; appeal.
- Section 207.557 Determination by commission; issuance of industrial facilities exemption certificate; notice of application; concurrence; effective date of certificate; mailing and filing of certificate; notice of refusal to issue certificate; resolutions approving or amending industrial facilities exemption certificate; completed application; error or mistake; failure to forward application, amended or transfer application, or request to revoke certificate; duties of commission.
- Section 207.557a Cost of facility exceeding certain amount of state equalized value.
- Section 207.558 Exemption of facility and certain persons from ad valorem taxes.
- Section 207.559 Finding and determination in resolution approving application for certificate; valuation requiring separate finding and statement; compliance with certain requirements as condition to approval of application and granting of certificate; demolition, sale, or transfer of obsolete industrial property; certificate applicable to speculative building; procedural information; replacement facility; property owned or operated by casino; "casino" defined; issuance of certificates.
- Section 207.560 Annual determination of value of facility.
- Section 207.561 Industrial facility tax; payment; disbursements; allocation; receipt or retention of tax payment by local or intermediate school district; disposition of amount disbursed to local school district; facility located in renaissance zone; building or facility owned or operated by qualified start-up business; "qualified start-up business" defined.
- Section 207.561a Facility subject to industrial facilities exemption certificate; exemption for eligible manufacturing personal property; extension; affidavit; "eligible manufacturing personal property" and "eligible personal property" defined.
- Section 207.562 Failure to pay tax applicable to personal property; seizure and sale of personal property; civil action; jeopardy assessment; disbursement.
- Section 207.563 Tax applicable to real property as lien; automatic termination of exemption certificate; affidavit.
- Section 207.564 Industrial facility tax; amount of tax; determination; "industrial personal property" defined; termination or revocation; reduction.
- Section 207.564a Reduction of mills used to calculate tax under MCL 207.564(3); exception.
- Section 207.564b Repealed. 1994, Act 266, Imd. Eff. July 6, 1994.
- Section 207.565 Revocation of exemption certificate; request; grounds; notice; hearing; order; effective date; revocation of certificate issued for speculative building; reinstatement of certificate.
- Section 207.566 Duration of industrial facilities exemption certificate; date of issuance of certificate of occupancy.
- Section 207.566a Industrial facilities exemption certificate; provisions.
- Section 207.567 Assessment of real and personal property comprising facility; notice of determination.
- Section 207.568 Rules.
- Section 207.569 Form and contents of exemption certificate.
- Section 207.570 Appeal.
- Section 207.571 Transfer and assignment of industrial facilities exemption certificate.
- Section 207.572 Industrial facilities exemption certificate; requirements for approval and issuance; application for industrial facilities exemption certificate for eligible next Michigan business; written agreement required; remedy provision.
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