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2023 Michigan Compiled Laws
Chapter 207 - Taxation
Act 198 of 1974 - Plant Rehabilitation and Industrial Development Districts (207.551 - 207.572)
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; Exception From Eligible Manufacturing Personal Property.
- 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; Filing Combined Document; "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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