Sec. 7k. A facility for which an industrial facilities exemption certificate issued under Act No. 198 of the Public Acts of 1974, being sections 207.551 to 207.572 of the Michigan Compiled Laws, is in effect, but not the land on which the facility is located or to be located, is exempt from taxation under this act for the period beginning on the effective date of the certificate and continuing as long as the industrial facilities exemption certificate is in force.
Mich. Comp. Laws § 211.7k
Tax exemption for facility for which industrial facilities exemption certificate issued
Applied in 1 court decision — leading case 227 Mich. App. 366 - Great Lakes Div. v. City of Ecorse (1998)
Most recently applied in 227 Mich. App. 366 - Great Lakes Div. v. City of Ecorse (March 1998)
Add. 1977, Act 5, Imd
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.