Section 447.165 - Additional tax exemptions.
MICHIGAN EXPORT DEVELOPMENT ACT (EXCERPT)
Act 157 of 1986
447.165 Additional tax exemptions.
Sec. 15.
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.
History: 1986, Act 157, Imd. Eff. July 7, 1986 ;-- Am. 1990, Act 304, Imd. Eff. Dec. 14, 1990