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2018 Michigan Compiled Laws
Chapter 125 - Planning, Housing, and Zoning
Act 146 of 2000 OBSOLETE PROPERTY REHABILITATION ACT (125.2781 - 125.2797)
AN ACT to provide for the establishment of obsolete property rehabilitation districts in certain 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 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 certain local government officials; and to provide penalties.
History: 2000, Act 146, Imd. Eff. June 6, 2000
- Section 125.2781 Short title.
- Section 125.2782 Definitions.
- Section 125.2783 Obsolete property rehabilitation districts; creation; conditions; filing written request; notice and hearing; finding and determination.
- Section 125.2784 Obsolete property rehabilitation exemption certificate; application; filing; contents; hearing; determination of taxable value.
- Section 125.2785 Approval or disapproval of resolution; forward copies.
- Section 125.2786 Approval or disapproval of resolution by commission; certificate; issuance; form; contents; effective date; filing; maintenance of record of certificates; copy; discovery of error or mistake in application; amended application; failure to forward approved application; duties of commission.
- Section 125.2787 Issuance of certificate; tax exemption; time period; limitation; commencement; extension; review.
- Section 125.2788 Taxable value of property proposed to be exempt; application; limitation; separate finding by legislative body of qualified local governmental unit; statement; requirements for approval of application; effective date of certificate.
- Section 125.2789 Value and taxable value of property; annual determination.
- Section 125.2790 Obsolete properties tax; amount; collection, disbursement, and assessment; payment; copy of disbursement amount; form; property located in renaissance zone; exemption of rehabilitated facility of qualified start-up business from tax collection; resolution; "qualified start-up business" defined.
- Section 125.2791 Lien; proceedings.
- Section 125.2792 Revocation of certificate; findings; request for revocation or reinstatement of certificate.
- Section 125.2793 Transfer and assignment of certificate.
- Section 125.2794 Report to commission.
- Section 125.2795 Report to legislative committees.
- Section 125.2796 Exemption after December 31, 2026.
- Section 125.2797 Exclusions; limitation.
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