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MI HB6053

Bill

Official Source

Status

Introduced

11/28/2012

Primary Sponsor

Frank Foster

Click for details

Origin

House of Representatives

96th Legislature

AI Summary

  • Extends technology park facilities tax exemptions for facilities that held exemption certificates as of December 31, 2011
  • Allows eligible manufacturing personal property in such facilities to remain exempt from ad valorem property taxes under the technology park program
  • Exemption continues until the property would otherwise qualify for exemption under sections 9m, 9n, or 9o of the General Property Tax Act
  • Defines "eligible manufacturing personal property" by reference to the Personal Property Tax Exemption Reimbursement Act
  • Introduced November 28, 2012 by Rep. Foster; referred to Committee on Tax Policy

Legislative Description

Economic development; other; eligible manufacturing personal property abatement for technology parks; extend. Amends 1984 PA 385 (MCL 207.701 - 207.718) by adding sec. 12a.

Property tax, personal property

Last Action

Printed Bill Filed 11/29/2012

11/29/2012

Committee Referrals

Tax Policy11/28/2012

Full Bill Text

No bill text available