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60 chapters · 469 sections in this title.
Mich. Comp. Laws § 211.1051 Short title.
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Sec. 1. This act shall be known and may be cited as the "state essential services assessment act".
Mich. Comp. Laws § 211.1053 Definitions.
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Sec. 3. As used in this act: (a) Except as otherwise provided in subparagraph (ii), "acquisition cost" means that term as defined in subparagraph (i), as follows: (i) "Acquisition cost" means the fair market value of personal property at the time of acquisition by the first owner…
Mich. Comp. Laws § 211.1055 State essential services assessment; levy; calculation.
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Sec. 5. (1) Beginning January 1, 2016, the state essential services assessment is levied on all eligible personal property as provided in this section. (2) The assessment under this section is a state specific tax on the eligible personal property owned by, leased to, or in the p…
Mich. Comp. Laws § 211.1057 Assessment; collection; administration; calculation; electronic statement; availability; revision and certification; payment; waiver or delay of electronic certification; disclosure; failure to certify statement and full payment; notice; submission of payment along with penalty; amended statement; access to books and records; audit; assessment as result of audit; appeal; filing combined document; availability of total acquisition costs.
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Sec. 7. (1) The department shall collect and administer the assessment as provided in this section. (2) Not later than May 1 in each assessment year, the department shall make available in electronic form to each eligible claimant a statement for calculation of the assessment as …