Bill Text: MI SB1068 | 2011-2012 | 96th Legislature | Chaptered
Bill Title: Economic development; enterprise zones; eligible manufacturing personal property abatement; extend. Amends 1985 PA 224 (MCL 125.2101 - 125.2123) by adding sec. 21d & repeals (See bill for conditional repeal).
Spectrum: Partisan Bill (Republican 10-0)
Status: (Passed) 2012-12-27 - Assigned Pa 0400'12 [SB1068 Detail]
Download: Michigan-2011-SB1068-Chaptered.html
Act No. 400
Public Acts of 2012
Approved by the Governor
December 20, 2012
Filed with the Secretary of State
December 20, 2012
EFFECTIVE DATE: March 28, 2013
STATE OF MICHIGAN
96TH LEGISLATURE
REGULAR SESSION OF 2012
Introduced by Senators Robertson, Hune, Kowall, Marleau, Richardville, Jones, Hildenbrand, Nofs, Caswell and Jansen
ENROLLED SENATE BILL No. 1068
AN ACT to amend 1985 PA 224, entitled “An act to promote economic growth within economically distressed local governmental units; to provide for the creation of enterprise zones; to provide for the creation of an enterprise zone authority; to prescribe the powers and duties of officials and agencies of the state and certain local governmental units; to provide for the establishment of citizens’ councils and to prescribe their powers and duties; to authorize the levy and collection of specific taxes; and to provide qualifications for certification of and incentives for certain businesses located in enterprise zones,” (MCL 125.2101 to 125.2123) by adding section 21d.
The People of the State of Michigan enact:
Sec. 21d. (1) If a facility was certified as a qualified business on 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 specific tax levied under this act and shall remain exempt from ad valorem property taxes as provided in this act 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.
(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.
Enacting section 1. Section 21d of the enterprise zone act, 1985 PA 224, MCL 125.2121d, as added by this amendatory act, is repealed if House Bill No. 6026 of the 96th Legislature is not approved by a majority of the qualified electors of this state voting on the question at an election to be held on the August regular election date in 2014.
Secretary of the Senate
Clerk of the House of Representatives
Approved
Governor
