Sec. 5. The assessor of each local tax collecting unit in which there is transitional qualified forest property shall determine annually as of December 31 the value and taxable value of each parcel of transitional qualified forest property located in that local tax collecting unit.
Value and taxable value; determination by local tax assessor.
Mich. Comp. Laws § 211.1095, under TRANSITIONAL QUALIFIED FOREST PROPERTY SPECIFIC TAX ACT.
Mich. Comp. Laws § 211.1095