Bill Text: MI SB1065 | 2011-2012 | 96th Legislature | Chaptered
Bill Title: Economic development; plant rehabilitation; eligible manufacturing personal property abatement; extend. Amends 1974 PA 198 (MCL 207.551 - 207.572) by adding sec. 11a & repeals (See bill for conditional repeal).
Spectrum: Partisan Bill (Republican 11-0)
Status: (Passed) 2012-12-27 - Assigned Pa 0397'12 [SB1065 Detail]
Download: Michigan-2011-SB1065-Chaptered.html
Act No. 397
Public Acts of 2012
Approved by the Governor
December 20, 2012
Filed with the Secretary of State
December 20, 2012
EFFECTIVE DATE: December 20, 2012
STATE OF MICHIGAN
96TH LEGISLATURE
REGULAR SESSION OF 2012
Introduced by Senators Brandenburg, Richardville, Jones, Hune, Robertson, Kowall, Marleau, Hildenbrand, Nofs, Caswell and Jansen
ENROLLED SENATE BILL No. 1065
AN ACT 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,” (MCL 207.551 to 207.572) by adding section 11a.
The People of the State of Michigan enact:
Sec. 11a. (1) If a facility was subject to an industrial facilities exemption certificate on December 31, 2012, notwithstanding any other provision of this act to the contrary, that portion of the facility that is eligible manufacturing personal property shall remain subject to the industrial facilities tax and shall remain exempt from ad valorem property taxes as provided in section 8 until that eligible manufacturing personal property would otherwise be exempt from the collection of taxes under section 9m, 9n, or 9o of the general property tax act, 1893 PA 206, MCL 211.9m, 211.9n, and 211.9o.
(2) As used in this subsection, “eligible manufacturing personal property” means that term as defined in section 9m of the general property tax act, 1893 PA 206, MCL 211.9m.
Enacting section 1. Section 11a of 1974 PA 198, MCL 207.561a, as added by this amendatory act, is repealed if House Bill No. 6026 of the 96th Legislature is not approved by a majority of the qualified electors of this state voting on the question at an election to be held on the August regular election date in 2014.
This act is ordered to take immediate effect.
Secretary of the Senate
Clerk of the House of Representatives
Approved
Governor
