Michigan Compiled Laws
Act 255 of 1978 - Commercial Redevelopment Act (207.651 - 207.668)
Section 207.652 - Meanings of Words and Phrases.

Sec. 2.
For the purposes of this act, the words and phrases defined in sections 3 and 4 have the meanings ascribed to them in those sections.
History: 1978, Act 255, Imd. Eff. June 21, 1978

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 207 - Taxation

Act 255 of 1978 - Commercial Redevelopment Act (207.651 - 207.668)

Section 207.651 - Short Title.

Section 207.652 - Meanings of Words and Phrases.

Section 207.653 - Meanings of Words and Phrases.

Section 207.654 - Definitions; L to T.

Section 207.655 - Commercial Redevelopment District; Establishment; Resolution; Notice; Hearing; Finding and Determination; Applicability of District Established by Township; Exemption of Restored Facility; Commercial Property Included as Part of Com...

Section 207.656 - Application for Commercial Facilities Exemption Certificate; Filing; Contents; Notice; Hearing; Determination of State Equalized Valuation of Property Owned by Local Governmental Unit on June 21, 1978, and Subsequently Conveyed to P...

Section 207.657 - Application for Commercial Facilities Exemption Certificate; Approval or Disapproval.

Section 207.658 - Commercial Facilities Exemption Certificate; Issuance; Contents; Effective Date; Filing; Record.

Section 207.659 - Exemption From Ad Valorem Property Taxes; Duration of Certificate; Review and Extension of Certificate; Limitation; Date of Issuance of Certificate of Occupancy; Basis of Review.

Section 207.660 - Finding and Statement as to State Equalized Valuation of Property Proposed to Be Exempt; Requirements for Exemption Certificate.

Section 207.661 - Valuation of Facilities and Property by Assessor.

Section 207.662 - Commercial Facilities Tax; Levy; Amount; Collection, Disbursement, and Assessment of Tax; Allocation; Payment to State Treasury and Credit to State School Aid Fund; Copy of Amount of Disbursement; Facility Located in Renaissance Zon...

Section 207.662a - Reduction in Number of Mills Levied Under State Education Tax Act; Limitation on Number of Exclusions.

Section 207.663 - Tax as Lien Upon Real Property; Certificate of Nonpayment and Affidavit Required for Proceedings Upon Lien.

Section 207.664 - Grounds for Revocation of Exemption.

Section 207.665 - Transfer or Assignment of Certificate; Approval; Notice and Hearing.

Section 207.666 - Report on Status of Exemption.

Section 207.667 - Report on Utilization of Commercial Redevelopment Districts; Economic Analysis of Costs and Benefits.

Section 207.668 - Limitation on New Exemptions; Continuation of Exemption.