Michigan Laws 447.165 – Additional tax exemptions
Current as of: 2024 | Check for updates
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Terms Used In Michigan Laws 447.165
- Authority: means the Michigan export development authority created by section 3. See Michigan Laws 447.152
- person: may extend and be applied to bodies politic and corporate, as well as to individuals. See Michigan Laws 8.3l
- 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
The property of the authority and its income and operation are exempt from all taxation by this state or its political subdivisions. This section shall not be construed to provide an exemption from any taxes for a person receiving assistance from the authority under this act.