110 chapters · 1,399 sections in this title.
Mich. Comp. Laws § 125.2794 Report to commission.
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Sec. 14. Not later than October 15 each year, each qualified local governmental unit granting an obsolete property rehabilitation exemption shall report to the commission on the status of each exemption. The report must include the current value of the property to which the exemp…
Mich. Comp. Laws § 125.2795 Report to legislative committees.
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Sec. 15. (1) The department annually shall prepare and submit to the committees of the house of representatives and senate responsible for tax policy and economic development issues a report on the utilization of obsolete property rehabilitation districts, based on the informatio…
Mich. Comp. Laws § 125.2796 Exemption after December 31, 2026.
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Sec. 16. A new exemption shall not be granted under this act after December 31, 2026, but an exemption then in effect shall continue until the expiration of the exemption certificate.
Mich. Comp. Laws § 125.2797 Exclusions; limitation.
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Sec. 17. (1) Within 60 days after the granting of an obsolete property rehabilitation exemption certificate under section 6 for a rehabilitated facility, the state treasurer may, for a period not to exceed 6 years, exclude up to 1/2 of the number of mills levied for school operat…