Michigan Compiled Laws
Chapter 207 - Taxation
Act 237 of 2022 - Residential Housing Facilities Act (207.951 - 207.966)

Section 207.951 - Short Title. - Sec. 1. This act may be cited as the "residential...

Section 207.952 - Definitions. - Sec. 2. As used in this act: (a) "Adjusted household...

Section 207.953 - Residential Housing District; Establishment by Qualified Local Governmental Unit; Adoption of Resolution; Notice and Opportunity for Hearing; Findings and Determination. - Sec. 3. (1) A qualified local governmental unit, by resolution...

Section 207.954 - Residential Housing Exemption Certificate; Application Requirements; Notice and Opportunity for Hearing. - Sec. 4. (1) If a district is established under section...

Section 207.955 - Approval or Disapproval of Residential Housing Exemption Certificate. - Sec. 5. The legislative body of the qualified local governmental...

Section 207.956 - Issuance of Residential Housing Exemption Certificate; Form; Contents; Effective Date; Maintenance of Record and Copies. - Sec. 6. (1) Not more than 120 days after receipt...

Section 207.957 - Exemption of Qualified Residential Facility From Tax; Duration of Force and Effect of Certificate; Commencement; Date of Issuance; Extension. - Sec. 7. (1) A qualified residential facility for which a...

Section 207.958 - Separate Finding; Contents; Compliance; Requirements; Applicability; Exception. - Sec. 8. (1) If the taxable value of the property...

Section 207.959 - Determining Taxable Value of Each Qualified Residential Facility. - Sec. 9. The assessor of each qualified local governmental unit...

Section 207.960 - Residential Housing Facility Tax; Determination of Amount; Exemption; Payment; Disbursements. - Sec. 10. (1) The residential housing facility tax is levied...

Section 207.961 - Lien. - Sec. 11. The amount of the specific tax, until paid,...

Section 207.962 - Residential Housing Exemption Certificate; Revocation; Transfer to Subsequent Owner. - Sec. 12. (1) The legislative body of the qualified local...

Section 207.963 - Transfer and Assignment of Certificate. - Sec. 13. A certificate may be transferred and assigned by...

Section 207.964 - Status Report by Local Government. - Sec. 14. Not later than June 15 each year, each...

Section 207.965 - Annual Report to Legislature. - Sec. 15. (1) The department shall annually prepare and submit...

Section 207.966 - Exemption Not Granted After December 31, 2027. - Sec. 16. A new exemption must not be granted under...