Michigan Compiled Laws
Act 146 of 2000 - Obsolete Property Rehabilitation Act (125.2781 - 125.2797)
Section 125.2795 - Report to Legislative Committees.

Sec. 15.
(1) The department annually shall prepare and submit to the committees of the house of representatives and senate responsible for tax policy and economic development issues a report on the utilization of obsolete property rehabilitation districts, based on the information filed with the commission.
(2) After this act has been in effect for 3 years, the department shall prepare and submit to the committees of the house of representatives and senate responsible for tax policy and economic development issues an economic analysis of the costs and benefits of this act in the 3 qualified local governmental units in which it has been most heavily utilized.
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.