MCL - Act 237 of 2022


Act 237 of 2022

AN ACT to provide for the establishment of residential housing districts in certain local governmental units; to provide for the exemption from certain taxes; to levy and collect a specific tax upon the owners of certain qualified residential facilities; to provide for the disposition of the tax; to provide for the obtaining and transferring of an exemption certificate and to prescribe the contents of those certificates; to prescribe the powers and duties of certain state and local governmental officials; and to provide penalties.

History: 2022, Act 237, Imd. Eff. Dec. 13, 2022

The People of the State of Michigan enact:
Document Type Description
Section 207.951 Section Short title.
Section 207.952 Section Definitions.
Section 207.953 Section Residential housing district; establishment by qualified local governmental unit; adoption of resolution; notice and opportunity for hearing; findings and determination.
Section 207.954 Section Residential housing exemption certificate; application requirements; notice and opportunity for hearing.
Section 207.955 Section Approval or disapproval of residential housing exemption certificate.
Section 207.956 Section Issuance of residential housing exemption certificate; form; contents; effective date; maintenance of record and copies.
Section 207.957 Section Exemption of qualified residential facility from tax; duration of force and effect of certificate; commencement; date of issuance; extension.
Section 207.958 Section Separate finding; contents; compliance; requirements; applicability; exception.
Section 207.959 Section Determining taxable value of each qualified residential facility.
Section 207.960 Section Residential housing facility tax; determination of amount; exemption; payment; disbursements.
Section 207.961 Section Lien.
Section 207.962 Section Residential housing exemption certificate; revocation; transfer to subsequent owner.
Section 207.963 Section Transfer and assignment of certificate.
Section 207.964 Section Status report by local government.
Section 207.965 Section Annual report to legislature.
Section 207.966 Section Exemption not granted after December 31, 2027.