Michigan Compiled Laws
Act 204 of 1967 - Metropolitan Transportation Authorities Act of 1967 (124.401 - 124.426)
Section 124.422 - Tax Exemption of Property.

Sec. 22.
Authorities and their property, real, personal and mixed, are exempt from assessment, levy and collection of all general and special taxes of the state or any governmental unit.
History: 1967, Act 204, Imd. Eff. July 10, 1967

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Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 124 - Municipalities

Act 204 of 1967 - Metropolitan Transportation Authorities Act of 1967 (124.401 - 124.426)

Section 124.401 - Metropolitan Transportation Authorities; Short Title.

Section 124.402 - Definitions.

Section 124.403 - Authorities; Powers.

Section 124.404 - Regional Transportation Authorities; Establishment; Resolution of Withdrawal; Veto.

Section 124.404a - Repealed. 2012, Act 387, Imd. Eff. Dec. 19, 2012.

Section 124.404b - Repealed. 2012, Act 387, Imd. Eff. Dec. 19, 2012.

Section 124.405 - Southeastern Michigan Transportation Authority; Establishment; Resolution of Withdrawal; Veto; Effect of Withdrawal; Cessation of Operation or Dissolution; State Guaranteed Payment of Claims; Lien of State; Citizens Planning and Adv...

Section 124.405a - Authority; Dissolution; Diminishment of Powers.

Section 124.405b - Southeastern Michigan Transportation Authority; Allocation and Conveyance of Assets and Liabilities by Board; Comprehensive Audit; Approval of Fund Allocations.

Section 124.406 - Authorities; Additional Powers and Duties.

Section 124.407 - Rates and Charges; Services; Public Service Commission; Jurisdiction; Appeals; Injunctions.

Section 124.408 - Repealed. 1988, Act 481, Imd. Eff. Dec. 28, 1988.

Section 124.409 - Authority Exempt From Motor Carrier Act, Motor Bus Transportation Act, and Public Service Act.

Section 124.410 - Provisions Applicable Only to Authorities Other Than Southeastern Michigan Transportation Authority; Provisions Applicable Only to Southeastern Michigan Transportation Authority.

Section 124.411 - Governing Boards; General Manager; Policies, Annual Audits.

Section 124.412 - Governing Boards; General Manager; Appointment, Powers, Duties, Term.

Section 124.413 - Governing Boards; Officers, Employees, Agents; Appointment, Classification, Merit Rating; Collective Bargaining; Assumed Wage, Hour, and Other Benefit Obligations; Returning Servicemen.

Section 124.414 - Taxation; Methods of Financing.

Section 124.415 - Annual Operating and Capital Budget; Review, Approval; Five-Year Capital Program Budgets, Annual Revision; Financial Audits; Construction Programs.

Section 124.416 - Bonds; Contractual Obligations; Issuance and Sale; Advancing Money or Delivering Property to Authority; Resolution Authorizing Execution of Contract; Petition; Referendum; Approval of Certain Bonds or Notes; Subway; Notes Not Subjec...

Section 124.416a - Violation of MCL 168.1 to 168.992 Applicable to Petitions; Penalties.

Section 124.417 - Competitive Bids; Procedure; Written Price Quotations; Procurement Procedures; Waiver; Savings to Be Used for Construction of Bus Shelter.

Section 124.418 - Concessions; Award, Procedure.

Section 124.419 - Transportation Authority Claims; Notice, Allowance, Jurisdiction Over Actions Against Authority.

Section 124.420 - Assistance From Political Subdivisions and Public and Private Agencies.

Section 124.421 - Liberal Construction of Act.

Section 124.422 - Tax Exemption of Property.

Section 124.423 - Annual Public Report and Financial Statement.

Section 124.424 - Acquisition of Transportation Operating Facilities; Negotiation; Condemnation or Arbitration, Election; Competition With Common Carriers.

Section 124.425 - Availability of Records and Other Writings to Public; Conducting Business at Public Meeting; Notice of Meeting.

Section 124.426 - Emergency Financial Manager.