Michigan Compiled Laws
Act 385 of 1984 - Technology Park Development Act (207.701 - 207.718)
Section 207.707a - District or Exemption Certificate; Approval or Disapproval; Effective Date of Exemption Certificate; Appeal.

Sec. 7a.
(1) After June 30, 1990, the establishment of a district under section 5 and the approval or disapproval of an exemption certificate under section 7 is subject to the approval or disapproval of the department of treasury. If the department of treasury does not disapprove the establishment of a district or approval of an exemption certificate within 30 days after the adoption of the resolution by the local governmental unit establishing the district or approving the certificate, the district or exemption certificate shall be considered approved by the department. If the resolution approving an exemption certificate is adopted within 30 days before the end of a tax year and the department of treasury does not disapprove the exemption certificate, the exemption certificate is effective on the effective date that the legislative body of the local governmental unit specifies in the certificate.
(2) A party aggrieved by the action of the department of treasury may appeal that action in the manner and form and within the time provided by the administrative procedures act of 1969, Act No. 306 of the Public Acts of 1969, being sections 24.201 to 24.328 of the Michigan Compiled Laws.
History: Add. 1990, Act 151, Imd. Eff. June 27, 1990

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 207 - Taxation

Act 385 of 1984 - Technology Park Development Act (207.701 - 207.718)

Section 207.701 - Short Title.

Section 207.702 - Meanings of Words and Phrases.

Section 207.703 - Definitions; D to P.

Section 207.704 - Definitions; S, T.

Section 207.705 - Technology Park District; Establishment; Composition; Requirements; Resolution; Filing Written Request; Alteration of Boundaries; Public Hearing; Notice; District Established by Township; Land Included as Part of District.

Section 207.706 - Application for Technology Park Facilities Exemption Certificate; Filing; Contents; Notification of Assessor and Legislative Body; Public Hearing; Notice.

Section 207.707 - Approval or Disapproval of Application; Resolution.

Section 207.707a - District or Exemption Certificate; Approval or Disapproval; Effective Date of Exemption Certificate; Appeal.

Section 207.708 - Certificate; Issuance; Form; Contents; Effective Date; Filing; Record.

Section 207.709 - Exemption From Ad Valorem Real and Personal Property Taxes; Duration of Certificate; Review; Extension; Commencement and Termination of Certificate; Date of Issuance of Certificate of Occupancy; Basis of Review.

Section 207.710 - State Equalized Valuation; Finding; Statement; Requirements for Approval of Application.

Section 207.711 - Annual Valuation of Facility; Duties of Assessor.

Section 207.712 - Technology Park Facilities Tax; Levy; Amount; Collection, Disbursement, and Assessment of Tax; Payment; Copy of Amount of Disbursement; Facility Located in Renaissance Zone; Facility of Qualified Start-Up Business.

Section 207.712a - Facility Subject to Technology Park Facilities Exemption Certificate; Exemption for Eligible Manufacturing Personal Property; "Eligible Manufacturing Personal Property" Defined.

Section 207.713 - Technology Park Facilities Tax; Failure to Pay; Remedies; Tax as Lien; Enforcement; Disbursement of Tax and Interest.

Section 207.714 - Revocation of Certificate; Grounds; Effect of Noncompliance.

Section 207.715 - Transfer of Certificate; Filing Application for Approval.

Section 207.716 - Status of Certificate; Report.

Section 207.717 - Analyses of Costs and Benefits.

Section 207.718 - Exemptions; Submission of Analyses of Costs and Benefits.