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2022 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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