Bill Text: MI HB4557 | 2015-2016 | 98th Legislature | Engrossed
Bill Title: Economic development; plant rehabilitation; plant rehabilitation act; modify certain exemptions. Amends sec. 11a of 1974 PA 198 (MCL 207.561a).
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2015-07-14 - Assigned Pa 123'15 With Immediate Effect [HB4557 Detail]
Download: Michigan-2015-HB4557-Engrossed.html
HB-4557, As Passed House, May 20, 2015
HOUSE BILL No. 4557
May 5, 2015, Introduced by Rep. Townsend and referred to the Committee on Tax Policy.
A bill to amend 1974 PA 198, entitled
"An act to provide for the establishment of plant rehabilitation
districts and industrial development districts in local
governmental units; to provide for the exemption from certain
taxes; to levy and collect a specific tax upon the owners of
certain facilities; to impose and provide for the disposition of an
administrative fee; to provide for the disposition of the tax; to
provide for the obtaining and transferring of an exemption
certificate and to prescribe the contents of those certificates; to
prescribe the powers and duties of the state tax commission and
certain officers of local governmental units; and to provide
penalties,"
by amending section 11a (MCL 207.561a), as added by 2012 PA 397.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 11a. (1) If a facility was subject to an industrial
facilities exemption certificate on or after December 31, 2012,
notwithstanding any other provision of this act to the contrary,
that portion of the facility that is eligible manufacturing
personal property shall remain subject to the industrial facilities
tax and shall remain exempt from ad valorem property taxes as
provided in section 8 until that eligible manufacturing personal
property would otherwise be exempt from the collection of taxes
under section 9m, 9n, or 9o of the general property tax act, 1893
PA 206, MCL 211.9m, 211.9n, and 211.9o. The holder of an industrial
facilities exemption certificate that has been extended under this
subsection shall indicate that portion of a facility that is
eligible manufacturing personal property by filing an affidavit
with the assessor of the township or city in which the eligible
manufacturing personal property is located not later than February
10 of the first year for which the industrial facilities exemption
certificate for that portion of the facility that is eligible
manufacturing personal property has been extended under this
subsection. The affidavit shall be in a form prescribed by the
state tax commission.
(2) As used in this subsection, "eligible manufacturing
personal property" means that term as defined in section 9m of the
general property tax act, 1893 PA 206, MCL 211.9m.
