Act 224 of 1985 Enterprise Zone Act (125.2101 - 125.2123)

Act 224 of 1985 Enterprise Zone Act (125.2101 - 125.2123)

Section 125.2101 Short Title.
Section 125.2102 Legislative Findings.
Section 125.2103 Definitions.
Section 125.2104 Michigan Enterprise Zone Authority; Creation; Powers, Duties, and Functions; Staff; Appointment, Qualifications, and Terms of Members; Vacancy; Designees; Reimbursement of Expenses.
Section 125.2105 Powers of Authority Vested in Members; Quorum; Action by Authority; Meetings.
Section 125.2106 Powers and Duties of Authority Generally.
Section 125.2107 Analysis of Economic Impacts of Enterprise Zones; Presentation to Legislative Committees; Development and Implementation of Recommendations.
Section 125.2108 Qualifying Local Governmental Units.
Section 125.2109 Citizens' Council for Potential Enterprise Zone; Establishment; Appointment, Qualifications, and Terms of Members; Staff; Administrative Duties and Functions.
Section 125.2110 Duties of Citizens' Council.
Section 125.2111 Adoption of Ordinance Establishing Proposed Enterprise Zone; Public Hearing; Notice; Vote; Boundaries.
Section 125.2112 Application to Have Area Approved as Enterprise Zone; Filing; Form; Contents.
Section 125.2113 Review of Application; Approval or Rejection; Comprehensive Development Plan; Contents; Public Hearing; Notice; Action by Authority; Spending Tax Revenue on Physical Improvements; Revocation.
Section 125.2114 Application for Certification as Qualified Business; Procedure.
Section 125.2114a Certification as Qualified Business; Application; Eligibility; Time Period; Revocation; Limitation.
Section 125.2115 Condition to Certification as Qualified Business.
Section 125.2116 Effect of Transferring Employment From 1 or More Local Governmental Units.
Section 125.2117 Allegations of Noncompliance; Procedure.
Section 125.2118 Eligibility for Exemption, Credit, or Deduction.
Section 125.2119 Duration of Exemption or Credit.
Section 125.2120 Exemption From Ad Valorem Real and Personal Property Taxes.
Section 125.2120a Exemption of Commercial, Industrial, or Utility Property From Ad Valorem Real and Personal Property Taxes; Compliance Required.
Section 125.2120b Additional Exemption From Ad Valorem Real and Personal Property Taxes.
Section 125.2121 Enterprise Zone Created Before 1994; Levy of Specific Tax; Amount; Payment; Disbursement; Agreement; Credit; Lien; Eligibility for Credit; Funding Emergency Dispatch Services, Senior Citizen Centers, and Substance Abuse Rehabilitation Services.
Section 125.2121a Use of Disbursement Pursuant to Mcl 125.2121 (4)(a) and (B).
Section 125.2121b Enterprise Zone Created After 1993; Levy of Specific Tax; Amount; Payment; Disbursement; Lien; Qualification as Replacement Facility; Failure to Pay Tax; Allocation to School District.
Section 125.2121c Property Located in Renaissance Zone.
Section 125.2121d Facility Certified as Qualified Business; Exemption for Eligible Manufacturing Personal Property; "Eligible Manufacturing Personal Property" Defined.
Section 125.2122 Neglecting or Failing to Pay Tax; Seizure and Sale of Property; Civil Action; Jeopardy Assessment; Collection of Delinquent Tax; Remedies; Disbursement of Amount of Tax and Interest on Tax.
Section 125.2123 Revenue Lost as Result of Reduced Taxes; Appropriation and Distribution to Local Government; Amount.

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