™Your Policy Risk Impact Agent
60 chapters · 469 sections in this title.
Mich. Comp. Laws § 211.1071 Short title.
0.1K chars
Sec. 1. This act shall be known and may be cited as the "alternative state essential services assessment act".
Mich. Comp. Laws § 211.1073 Definitions.
4.5K chars
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 § 211.1075 Alternative state essential services assessment; levy beginning January 1, 2016; calculation.
1.3K chars
Sec. 5. (1) Beginning January 1, 2016, the alternative 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 tax on the eligible personal property owned by, leased to, or in th…
Mich. Comp. Laws § 211.1077 Alternative state essential services assessment; collection; administration; calculation; availability of electronic statement; revision and certification; payment; waiver or delay; disclosure; failure to certify statement and payment; notice; amendment of certified statement; failure to make full payment; ineligibility of property under MCL 211.9m and 211.9n; access to books and records; assessment as result of audit; appeal; filing combined document; availability of total acquisition costs.
12.6K chars
Sec. 7. (1) The department shall collect and administer the alternative state essential services 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 …