Michigan Laws 211.1158 – Qualified facility; annual form; nameplate capacity
Current as of: 2024 | Check for updates
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Terms Used In Michigan Laws 211.1158
- Commission: means the state tax commission created by 1927 PA 360, MCL 209. See Michigan Laws 211.1152
- qualified facility: means a facility, whether owned or leased, that when constructed and placed in service is located in a solar energy district and that uses or will use solar energy as the sole source for the generation of at least 2 megawatts of nameplate capacity, alternating current, including any solar modules, inverter, racks, tracking, on-site battery storage systems if identified in the application pursuant to section 4(1)(a), controls, electric interface, and all components that are positioned up to, and including, the inversion of the current delivered from the facility. See Michigan Laws 211.1152
- Qualified local governmental unit: means a city, village, or township. See Michigan Laws 211.1152
- Taxable value: means the value determined under section 27a of the general property tax act, 1893 PA 206, MCL 211. See Michigan Laws 211.1152
(1) An owner or lessee that claims an exemption under this act shall provide to the qualified local governmental unit an annual form as of December 31 of each year indicating the nameplate capacity in alternating current of the qualified facility. The annual form must be filed in the manner and form prescribed by the commission and must include, but not be limited to, the addition to the facility or retirement from the facility of any equipment during that year.
(2) The assessor of each qualified local governmental unit in which there is a qualified facility with respect to which 1 or more certificates have been issued and are in force shall determine annually as of December 31 the assessed value, taxable value, and nameplate capacity of each qualified facility separately.