Sec. 2.
A local governmental unit, by resolution of its legislative body, may approve commercial housing facilities exemption certificates, if at the time of adoption of the resolution the local governmental unit has established a downtown development district pursuant to Act No. 197 of the Public Acts of 1975, as amended, and levies an income tax.
History: 1976, Act 438, Imd. Eff. Jan. 13, 1977 ;-- Am. 1980, Act 42, Imd. Eff. Mar. 17, 1980
Structure Michigan Compiled Laws
Act 438 of 1976 - Commercial Housing Facilities Exemption Certificates (207.601 - 207.615)
Section 207.601 - Definitions.
Section 207.602 - Approval of Certificate; Condition.
Section 207.603 - Application for Certificate; Filing; Form; Contents; Notice; Hearing.
Section 207.604 - Application for Certificate; Approval or Disapproval.
Section 207.608 - Assessor; Determining Value of New Facility.
Section 207.609 - Revocation of Certificate; Request; Notice; Hearing; Order.
Section 207.610 - Duration of Certificate; Date of Issuance of Certificate of Occupancy.
Section 207.613 - Form and Contents of Certificate.
Section 207.615 - Transfer and Assignment of Certificate; Approval; Notice; Hearing.