A bill to amend 1974 PA 198, entitled “An act to provide for the establishment of plant rehabilitation districts and industrial development districts in local governmental units; to provide for the exemption from certain taxes; to levy and collect a specific tax upon the owners of certain facilities; to impose and provide for the disposition of an administrative fee; to provide for the disposition of the tax; to provide for the obtaining and transferring of an exemption certificate and to prescribe the contents of those certificates; to prescribe the powers and duties of the state tax commission and certain officers of local governmental units; and to provide penalties,” by amending section 2 (MCL 207.552), as amended by 2011 PA 154.
Modernizes the act related to the establishment of plant rehabilitation and industrial development districts within local governmental units. It focuses on tax exemptions, specific taxes on facility owners, administrative fees, and the transfer and content of exemption certificates.
Introduced
by
Referred to the Committee on Economic Development and Small Business
