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; r
- 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, senio
- 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 distr
- Section 125.2121c - Property located in renaissance zone.
- 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
- Section 125.2123 - Revenue lost as result of reduced taxes; appropriation and distribution to local government; amount.