Michigan Compiled Laws
Act 147 of 1992 - Neighborhood Enterprise Zone Act (207.771 - 207.787)
Section 207.780.amended - Neighborhood Enterprise Zone Certificate; Effective Date; Filing; Affidavit of Occupancy by Owner as Principal Residence.

***** 207.780.amended THIS AMENDED SECTION IS EFFECTIVE 91 DAYS AFTER ADJOURNMENT OF THE 2022 REGULAR SESSION SINE DIE *****
Sec. 10.
(1) Except as provided in subsections (2) and (3), the effective date of the neighborhood enterprise zone certificate is December 31 in the year in which the new facility or rehabilitated facility is substantially completed and, for a new facility, occupied by an owner as a principal residence, as evidenced by the owner filing with the assessor of the local assessing unit all of the following:
(a) For a new facility, a certificate of occupancy.
(b) For a rehabilitated facility, a certificate that the improvements meet minimum local building code standards issued by the local building inspector or other authorized officer or a certificate of occupancy if required by local building permits or building codes.
(c) For a rehabilitated facility, documentation proving the cost requirements of section 2(m) are met.
(d) For a homestead facility or a new facility, except for a new facility described in section 2(g)(ii), an affidavit executed by an owner affirming that the homestead facility or new facility is occupied by an owner as a principal residence.
(2) If a new facility is substantially completed in a year but is not occupied by an owner as a principal residence until the following year, upon the request of the owner, the effective date of the neighborhood enterprise zone certificate shall be December 31 in the year immediately preceding the date of occupancy by the owner as a principal residence.
(3) Upon the request of the owner, the effective date of the neighborhood enterprise zone certificate for a rehabilitated facility shall be December 31 in the year immediately preceding the date on which the rehabilitated facility is substantially completed.
History: 1992, Act 147, Imd. Eff. July 16, 1992 ;-- Am. 2001, Act 158, Imd. Eff. Nov. 6, 2001 ;-- Am. 2001, Act 217, Imd. Eff. Dec. 28, 2001 ;-- Am. 2005, Act 339, Imd. Eff. Jan. 3, 2006 ;-- Am. 2020, Act 3, Imd. Eff. Jan. 27, 2020 ;-- Am. 2022, Act 238, Eff. (sine die)

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.