Michigan Compiled Laws
Act 146 of 2000 - Obsolete Property Rehabilitation Act (125.2781 - 125.2797)
Section 125.2794 - Report to Commission.

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 exemption pertains, the value on which the obsolete property rehabilitation tax is based, a current estimate of the number of jobs retained or created by the exemption, and a current estimate of the number of new residents occupying commercial housing property units covered by the exemption.
History: 2000, Act 146, Imd. Eff. June 6, 2000

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 125 - Planning, Housing, and Zoning

Act 146 of 2000 - Obsolete Property Rehabilitation Act (125.2781 - 125.2797)

Section 125.2781 - Short Title.

Section 125.2782 - Definitions.

Section 125.2783 - Obsolete Property Rehabilitation Districts; Creation; Conditions; Filing Written Request; Notice and Hearing; Finding and Determination.

Section 125.2784 - Obsolete Property Rehabilitation Exemption Certificate; Application; Filing; Contents; Hearing; Determination of Taxable Value.

Section 125.2785 - Approval or Disapproval of Resolution; Forward Copies.

Section 125.2786 - Approval or Disapproval of Resolution by Commission; Certificate; Issuance; Form; Contents; Effective Date; Filing; Maintenance of Record of Certificates; Copy; Discovery of Error or Mistake in Application; Amended Application; Fai...

Section 125.2787 - Issuance of Certificate; Tax Exemption; Time Period; Limitation; Commencement; Extension; Review.

Section 125.2788 - Taxable Value of Property Proposed to Be Exempt; Application; Limitation; Separate Finding by Legislative Body of Qualified Local Governmental Unit; Statement; Requirements for Approval of Application; Effective Date of Certificate...

Section 125.2789 - Value and Taxable Value of Property; Annual Determination.

Section 125.2790 - Obsolete Properties Tax; Amount; Collection, Disbursement, and Assessment; Payment; Copy of Disbursement Amount; Form; Property Located in Renaissance Zone; Exemption of Rehabilitated Facility of Qualified Start-Up Business From Ta...

Section 125.2791 - Lien; Proceedings.

Section 125.2792 - Revocation of Certificate; Findings; Request for Revocation or Reinstatement of Certificate.

Section 125.2793 - Transfer and Assignment of Certificate.

Section 125.2794 - Report to Commission.

Section 125.2795 - Report to Legislative Committees.

Section 125.2796 - Exemption After December 31, 2026.

Section 125.2797 - Exclusions; Limitation.