Michigan Compiled Laws
Act 147 of 1992 - Neighborhood Enterprise Zone Act (207.771 - 207.787)
Section 207.777 - Neighborhood Enterprise Zone Certificate; Requirements for Issuance.

Sec. 7.
(1) The commission shall not issue a neighborhood enterprise zone certificate for a new facility unless the new facility meets the requirements of the definition in section 2(g).
(2) The commission shall not issue a neighborhood enterprise zone certificate for a rehabilitated facility unless the rehabilitated facility meets the requirements of the definition in section 2(m).
(3) The assessor of the local governmental unit shall not issue a neighborhood enterprise zone certificate for a homestead facility unless the homestead facility meets the requirements of the definition in section 2(e).
History: 1992, Act 147, Imd. Eff. July 16, 1992 ;-- Am. 2005, Act 338, Imd. Eff. Jan. 3, 2006 ;-- Am. 2008, Act 284, Imd. Eff. Sept. 29, 2008 ;-- Am. 2020, Act 3, Imd. Eff. Jan. 27, 2020

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Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 207 - Taxation

Act 147 of 1992 - Neighborhood Enterprise Zone Act (207.771 - 207.787)

Section 207.771 - Short Title.

Section 207.772 - Definitions.

Section 207.772.amended - Definitions.

Section 207.772a - Inflation Rate Adjustment.

Section 207.773 - Neighborhood Enterprise Zone; Designation by Resolution; Notice; Finding of Consistency; Statement; Housing Inspection Ordinance; Public Hearing; Determining True Cash Value; Limitations on Total Acreage; Amendment or Repeal of Reso...

Section 207.773.amended - Neighborhood Enterprise Zone; Designation by Resolution; Notice; Finding of Consistency; Statement; Housing Inspection Ordinance; Public Hearing; Determining True Cash Value; Limitations on Total Acreage; Amendment or Repeal...

Section 207.774 - Neighborhood Enterprise Zone Certificate; Application; Filing; Manner and Form; Contents; Effective Date of Certificate; Conditions.

Section 207.775 - Neighborhood Enterprise Zone Certificate; Application; Approval; Forwarding to Qualified Assessing Authority.

Section 207.776 - Homestead Facility or New or Rehabilitated Facility; Determination of Compliance With Act; Issuance and Filing of Certificate; Maintenance of Record; Notice of Refusal.

Section 207.776.amended - Homestead Facility or New or Rehabilitated Facility; Determination of Compliance With Act; Issuance and Filing of Certificate; Maintenance of Record; Notice of Refusal.

Section 207.777 - Neighborhood Enterprise Zone Certificate; Requirements for Issuance.

Section 207.778 - Neighborhood Enterprise Zone Certificate; Form and Contents.

Section 207.779 - Neighborhood Enterprise Zone Tax; Exemption From Ad Valorem Real Property Taxes; Determination of Amount; Payment; Disbursement; Distribution to Intermediate School Districts; Payment to State Treasury; Tax as Lien; Continuance of C...

Section 207.780 - Neighborhood Enterprise Zone Certificate; Effective Date; Filing; Affidavit of Occupancy by Owner as Principal Residence.

Section 207.780.amended - Neighborhood Enterprise Zone Certificate; Effective Date; Filing; Affidavit of Occupancy by Owner as Principal Residence.

Section 207.781 - Revocation, Expiration, or Extension of Certificate; Rescission of Revocation.

Section 207.782 - Duration of Certificate.

Section 207.783 - Determination of Assessed Valuation of Property Benefiting From Certificate and Ad Valorem Property Tax That Would Have Been Paid; Notice.

Section 207.784 - Repealed. 2017, Act 44, Imd. Eff. June 7, 2017.

Section 207.785 - Repealed. 2008, Act 284, Imd. Eff. Sept. 29, 2008.

Section 207.786 - Rules; Report.

Section 207.787 - Repealed. 2001, Act 217, Imd. Eff. Dec. 28, 2001.