Sec. 14.
Not later than October 15 each year, each qualified local governmental unit granting a commercial rehabilitation exemption shall report to the commission on the status of each exemption. The report must include the current value of the property to which the exemption pertains, the value on which the commercial rehabilitation tax is based, and a current estimate of the number of jobs retained or created by the exemption.
History: 2005, Act 210, Imd. Eff. Nov. 17, 2005
Structure Michigan Compiled Laws
Act 210 of 2005 - Commercial Rehabilitation Act (207.841 - 207.856)
Section 207.841 - Short Title.
Section 207.842 - Definitions.
Section 207.848 - Separate Finding; Contents; Compliance; Requirements; Applicability; Exception.
Section 207.849 - Determining Value of Each Qualified Facility.
Section 207.853 - Transfer and Assignment of Certificate.
Section 207.854 - Status Report by Local Government.
Section 207.855 - Report to Legislature.
Section 207.856 - Exemption Not Granted After December 31, 2025.