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27 chapters · 407 sections in this title.
Mich. Comp. Laws § 207.771 Short title.
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Sec. 1. This act shall be known and may be cited as the "neighborhood enterprise zone act".
Mich. Comp. Laws § 207.772 Definitions.
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Sec. 2. As used in this act: (a) "Commission" means the state tax commission created by 1927 PA 360, MCL 209.101 to 209.107. (b) "Condominium unit" means that portion of a structure intended for separate ownership, intended for residential use, and established under the condomini…
Mich. Comp. Laws § 207.772a Inflation rate adjustment.
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Sec. 2a. Beginning in 2021 and each year thereafter, the state treasurer shall adjust the dollar amounts described in section 2(m) by the inflation rate as defined in section 34d of the general property tax act 1893 PA 206, MCL 211.34d, for that year.
Mich. Comp. Laws § 207.773 Neighborhood enterprise zone; designation by resolution; notice; finding of consistency; statement; housing inspection ordinance; public hearing; determining true cash value; limitations on total acreage; amendment or repeal of resolution; designation in obsolete property rehabilitation district.
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Sec. 3. (1) The governing body of a local governmental unit by resolution may designate 1 or more neighborhood enterprise zones within that local governmental unit. Except as otherwise provided in this subsection, a neighborhood enterprise zone shall contain not less than 10 plat…