There is a newer version
of
this Statute
2022 Michigan Compiled Laws
Chapter 125 - Planning, Housing, and Zoning
Act 224 of 1985 - Enterprise Zone Act (125.2101 - 125.2123)
AN ACT to promote economic growth within economically distressed local governmental units; to provide for the creation of enterprise zones; to provide for the creation of an enterprise zone authority; to prescribe the powers and duties of officials and agencies of the state and certain local governmental units; to provide for the establishment of citizens' councils and to prescribe their powers and duties; to authorize the levy and collection of specific taxes; and to provide qualifications for certification of and incentives for certain businesses located in enterprise zones.
History: 1985, Act 224, Imd. Eff. Jan. 13, 1986
- Section 125.2101 - Short Title.
- Section 125.2102 - Legislative Findings.
- Section 125.2103 - Definitions.
- Section 125.2104 - Michigan Enterprise Zone Authority; Creation; Powers, Duties, and Functions; Staff; Appointment, Qualifications, and Terms of Members; Vacancy; Designees; Reimbursement of Expenses.
- Section 125.2105 - Powers of Authority Vested in Members; Quorum; Action by Authority; Meetings.
- Section 125.2106 - Powers and Duties of Authority Generally.
- Section 125.2107 - Analysis of Economic Impacts of Enterprise Zones; Presentation to Legislative Committees; Development and Implementation of Recommendations.
- Section 125.2108 - Qualifying Local Governmental Units.
- Section 125.2109 - Citizens' Council for Potential Enterprise Zone; Establishment; Appointment, Qualifications, and Terms of Members; Staff; Administrative Duties and Functions.
- Section 125.2110 - Duties of Citizens' Council.
- Section 125.2111 - Adoption of Ordinance Establishing Proposed Enterprise Zone; Public Hearing; Notice; Vote; Boundaries.
- Section 125.2112 - Application to Have Area Approved as Enterprise Zone; Filing; Form; Contents.
- Section 125.2113 - Review of Application; Approval or Rejection; Comprehensive Development Plan; Contents; Public Hearing; Notice; Action by Authority; Spending Tax Revenue on Physical Improvements; Revocation.
- Section 125.2114 - Application for Certification as Qualified Business; Procedure.
- Section 125.2114a - Certification as Qualified Business; Application; Eligibility; Time Period; Revocation; Limitation.
- Section 125.2115 - Condition to Certification as Qualified Business.
- Section 125.2116 - Effect of Transferring Employment From 1 or More Local Governmental Units.
- Section 125.2117 - Allegations of Noncompliance; Procedure.
- Section 125.2118 - Eligibility for Exemption, Credit, or Deduction.
- Section 125.2119 - Duration of Exemption or Credit.
- Section 125.2120 - Exemption From Ad Valorem Real and Personal Property Taxes.
- Section 125.2120a - Exemption of Commercial, Industrial, or Utility Property From Ad Valorem Real and Personal Property Taxes; Compliance Required.
- Section 125.2120b - Additional Exemption From Ad Valorem Real and Personal Property Taxes.
- Section 125.2121 - Enterprise Zone Created Before 1994; Levy of Specific Tax; Amount; Payment; Disbursement; Agreement; Credit; Lien; Eligibility for Credit; Funding Emergency Dispatch Services, Senior Citizen Centers, and Substance Abuse Rehabilitation Services.
- Section 125.2121a - Use of Disbursement Pursuant to MCL 125.2121 (4)(a) and (B).
- Section 125.2121b - Enterprise Zone Created After 1993; Levy of Specific Tax; Amount; Payment; Disbursement; Lien; Qualification as Replacement Facility; Failure to Pay Tax; Allocation to School District.
- Section 125.2121c - Property Located in Renaissance Zone.
- Section 125.2121d - Facility Certified as Qualified Business; Exemption for Eligible Manufacturing Personal Property; "Eligible Manufacturing Personal Property" Defined.
- Section 125.2122 - Neglecting or Failing to Pay Tax; Seizure and Sale of Property; Civil Action; Jeopardy Assessment; Collection of Delinquent Tax; Remedies; Disbursement of Amount of Tax and Interest on Tax.
- Section 125.2123 - Revenue Lost as Result of Reduced Taxes; Appropriation and Distribution to Local Government; Amount.
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.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
