60 chapters · 469 sections in this title.
Mich. Comp. Laws § 211.1091 Short title.
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Sec. 1. This act shall be known and may be cited as the "transitional qualified forest property specific tax act".
Mich. Comp. Laws § 211.1092 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) "Conservation district" means that term as defined in section 7jj of the general property tax act, 1893 PA 206, MCL 211.7jj[1]. (c) "Converted by a cha…
Mich. Comp. Laws § 211.1093 Exemption from tax.
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Sec. 3. For taxes levied after December 31, 2015, subject to section 4, transitional qualified forest property is exempt from ad valorem property taxes collected under the general property tax act, 1893 PA 206, MCL 211.1 to 211.155, as provided under section 7vv of the general pr…
Mich. Comp. Laws § 211.1094 Determination of forestland as transitional qualified forest property; application process.
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Sec. 4. (1) An owner of forestland that withdraws commercial forestland under section 51108(5) of the natural resources and environmental protection act, 1994 PA 451, MCL 324.51108, may apply to the department to have that forestland determined to be transitional qualified forest…