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MI HB4820
Bill
Status
12/28/2011
Primary Sponsor
Wayne Schmidt
Click for details
AI Summary
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Allows applicants to submit amended applications to correct errors or mistakes in obsolete property rehabilitation exemption certificates discovered after initial approval or issuance.
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Permits the legislative body and commission to approve or deny amended applications using the same procedures as original applications.
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Requires amended certificates issued by the commission to maintain the same effective date as the original certificate.
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Sets a special effective date of December 31, 2008 for a specific facility located in an obsolete property rehabilitation district established January 29, 2003 where rehabilitation commenced July 24, 2007.
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Takes effect immediately upon governor approval on December 19, 2011.
Legislative Description
Economic development; obsolete property and rehabilitation; issuance of an amended certificate for tax abatement on certain projects; allow. Amends sec. 6 of 2000 PA 146 (MCL 125.2786).
Economic development, obsolete property and rehabilitation
Last Action
Assigned Pa 272'11 With Immediate Effect
12/28/2011