Sec. 15.
(1) The department shall annually prepare and submit to the committees of the house of representatives and senate responsible for tax policy and economic development issues a report on the utilization of attainable housing districts, based on the information filed with the commission.
(2) After this act has been in effect for 3 years, the department shall prepare and submit to the committees of the house of representatives and senate responsible for tax policy and economic development issues an economic analysis of the costs and benefits of this act in the 3 qualified local governmental units in which it has been most heavily utilized.
History: 2022, Act 236, Imd. Eff. Dec. 13, 2022
Structure Michigan Compiled Laws
Act 236 of 2022 - Attainable Housing Facilities Act (207.901 - 207.916)
Section 207.901 - Short Title.
Section 207.902 - Definitions.
Section 207.905 - Approval or Disapproval of Attainable Housing Exemption Certificate.
Section 207.908 - Separate Finding; Contents; Compliance; Requirements; Applicability; Exception.
Section 207.909 - Determining Taxable Value of Each Qualified Facility.
Section 207.913 - Transfer and Assignment of Certificate.
Section 207.914 - Status Report by Local Government.
Section 207.915 - Annual Report to Legislature.
Section 207.916 - Exemption Not Granted After December 31, 2027.