Michigan Laws 211.1162 – Status report of exemptions to department
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Terms Used In Michigan Laws 211.1162
- certificate: means a certificate issued under section 6. See Michigan Laws 211.1152
- Department: means the department of treasury. 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
Not later than June 15 each year, each qualified local governmental unit granting a certificate shall report to the department on the status of each exemption. The report must include the current taxable value of the property to which the exemption pertains.