Michigan Compiled Laws
Act 237 of 2022 - Residential Housing Facilities Act (207.951 - 207.966)
Section 207.955 - Approval or Disapproval of Residential Housing Exemption Certificate.

Sec. 5.
The legislative body of the qualified local governmental unit, not more than 60 business days after receipt of the application by the clerk, shall by resolution either approve or disapprove the application for a certificate in accordance with the provisions of this act. The clerk shall retain the original of the application and resolution. If approved, the clerk shall forward a copy of the application and resolution to the commission. If disapproved, the reasons shall be set forth in writing in the resolution, and the clerk shall send, by certified mail, a copy of the resolution to the applicant and to the assessor. If the legislative body fails to timely approve the application, the application is considered denied. A resolution is not effective unless approved by the commission as provided in section 6.
History: 2022, Act 237, Imd. Eff. Dec. 13, 2022

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 207 - Taxation

Act 237 of 2022 - Residential Housing Facilities Act (207.951 - 207.966)

Section 207.951 - Short Title.

Section 207.952 - Definitions.

Section 207.953 - Residential Housing District; Establishment by Qualified Local Governmental Unit; Adoption of Resolution; Notice and Opportunity for Hearing; Findings and Determination.

Section 207.954 - Residential Housing Exemption Certificate; Application Requirements; Notice and Opportunity for Hearing.

Section 207.955 - Approval or Disapproval of Residential Housing Exemption Certificate.

Section 207.956 - Issuance of Residential Housing Exemption Certificate; Form; Contents; Effective Date; Maintenance of Record and Copies.

Section 207.957 - Exemption of Qualified Residential Facility From Tax; Duration of Force and Effect of Certificate; Commencement; Date of Issuance; Extension.

Section 207.958 - Separate Finding; Contents; Compliance; Requirements; Applicability; Exception.

Section 207.959 - Determining Taxable Value of Each Qualified Residential Facility.

Section 207.960 - Residential Housing Facility Tax; Determination of Amount; Exemption; Payment; Disbursements.

Section 207.961 - Lien.

Section 207.962 - Residential Housing Exemption Certificate; Revocation; Transfer to Subsequent Owner.

Section 207.963 - Transfer and Assignment of Certificate.

Section 207.964 - Status Report by Local Government.

Section 207.965 - Annual Report to Legislature.

Section 207.966 - Exemption Not Granted After December 31, 2027.