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60 chapters · 469 sections in this title.
Mich. Comp. Laws § 211.981 Short title.
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Sec. 1. This act shall be known and may be cited as the "eligible hydroponics and eligible aquaculture production facilities specific tax act".
Mich. Comp. Laws § 211.982 Definitions.
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Sec. 2. As used in this act: (a) "Aquaculture" means the commercial husbandry of aquaculture species, including, but not limited to, culturing, producing, growing, propagating, and harvesting aquaculture products under any applicable permits or registration. (b) "Aquaculture prod…
Mich. Comp. Laws § 211.983 Eligible hydroponics production facility or eligible aquaculture production facility; tax exemption.
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Sec. 3. For taxes levied after December 31, 2014, an eligible hydroponics production facility or an eligible aquaculture production facility 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…
Mich. Comp. Laws § 211.984 Determination of value and taxable value.
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Sec. 4. The assessor of each local tax collecting unit in which there is an eligible hydroponics production facility or an eligible aquaculture production facility shall determine annually as of December 31 the value and taxable value of each eligible hydroponics production facil…