Michigan § 207.564a Reduction of mills used to calculate tax under MCL 207.564(3); exception.

Michigan Statutes

§ 207.564a — Reduction of mills used to calculate tax under MCL 207.564(3); exception.

Michigan § 207.564a

Ch. 207TAXATION

Act 198 of 1974PLANT REHABILITATION AND INDUSTRIAL DEVELOPMENT DISTRICTS (207.551-207.572)

This text of Michigan § 207.564a (Reduction of mills used to calculate tax under MCL 207.564(3); exception.) is published on Counsel Stack Legal Research, covering Michigan primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mich. Comp. Laws § 207.564a (2026).

Text

PLANT REHABILITATION AND INDUSTRIAL DEVELOPMENT DISTRICTS (EXCERPT) Act 198 of 1974 207.564a Reduction of mills used to calculate tax under MCL 207.564(3); exception. Sec. 14a. Within 60 days after the granting of an industrial facilities exemption certificate under section 7 for a new facility, the state treasurer may exclude 1/2 or all of the number of mills levied under the state education tax act, 1993 PA 331, MCL 211.901 to 211.906, from the specific tax calculation on the facility under section 14(3) if the state treasurer determines that reducing the number of mills used to calculate the specific tax under section 14(3) is necessary to reduce unemployment, promote economic growth, and increase capital investment in this state. This section does not apply to the personal property tax

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PLANT REHABILITATION AND INDUSTRIAL DEVELOPMENT DISTRICTS (EXCERPT) Act 198 of 1974 207.564a Reduction of mills used to calculate tax under MCL 207.564(3); exception. Sec. 14a. Within 60 days after the granting of an industrial facilities exemption certificate under section 7 for a new facility, the state treasurer may exclude 1/2 or all of the number of mills levied under the state education tax act, 1993 PA 331, MCL 211.901 to 211.906, from the specific tax calculation on the facility under section 14(3) if the state treasurer determines that reducing the number of mills used to calculate the specific tax under section 14(3) is necessary to reduce unemployment, promote economic growth, and increase capital investment in this state. This section does not apply to the personal property tax component of a certificate described in section 14(4).

Legislative History

Add. 1993, Act 334, Eff. Apr. 1, 1994 ;-- Am. 1994, Act 266, Imd. Eff. July 6, 1994 ;-- Am. 2007, Act 39 , Imd. Eff. July 12, 2007 Compiler's Notes: For transfer of authority, powers, duties, functions, and responsibilities of the state treasurer to grant exclusions from the state education tax to the Michigan jobs commission, see E.R.O. No. 1995-1, compiled at MCL 408.49 of the Michigan Compiled Laws. Popular Name: Act 198