MI SB1106

Adds Section 7yy to the property tax assessment act to exempt renewable energy facilities from tax collection during the period their renewable energy facilities exemption certificate is in effect.

Exemption applies only to the facility itself, not the land on which the facility is or will be located.

Exemption period begins on the effective date of the renewable energy facilities exemption certificate and continues for as long as the certificate remains in force.

Bill is contingent on Senate Bill No. 1105 of the 100th Legislature being enacted into law.