Michigan Laws 211.1022 – Definitions
Current as of: 2024 | Check for updates
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As used in this act:
(a) “Authority” means a land bank fast track authority created under the land bank fast track act.
Terms Used In Michigan Laws 211.1022
- Authority: means a land bank fast track authority created under the land bank fast track act. See Michigan Laws 211.1022
- Commission: means the state tax commission created by 1927 PA 360, MCL 209. See Michigan Laws 211.1022
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
- Taxable value: means the taxable value determined under section 27a of the general property tax act, 1893 PA 206, MCL 211. See Michigan Laws 211.1022
(b) “Commission” means the state tax commission created by 1927 PA 360, MCL 209.101 to 209.107.
(c) “Eligible tax reverted property” means property that is exempt under section 7gg of the general property tax act, 1893 PA 206, MCL 211.7gg.
(d) “Eligible tax reverted property specific tax” means the specific tax levied under this act.
(e) “Principal residence” means that term as defined in section 7dd of the general property tax act, 1893 PA 206, MCL 211.7dd.
(f) “Taxable value” means the taxable value determined under section 27a of the general property tax act, 1893 PA 206, MCL 211.27a.