SENATE BILL NO. 828 December 2, 1997, Introduced by Senator GAST and referred to the Committee on Appropriations. A bill to amend 1893 PA 206, entitled "The general property tax act," by amending section 7ff (MCL 211.7ff), as added by 1996 PA 469. THE PEOPLE OF THE STATE OF MICHIGAN ENACT: 1 Sec. 7ff. (1) For taxes levied after 1996, except as other- 2 wise provided in subsections (2) and (3) and except as limited in 3 subsection (4), real property in a renaissance zone and personal 4 property located in a renaissance zone on tax day as provided in 5 section 2for not less than 50% of the immediately preceding tax6yearis exempt from taxes collected under this act to the extent 7 and for the duration provided pursuant to the Michigan renais- 8 sance zone act,Act No. 376 of the Public Acts of 1996, being9sections 125.2681 to 125.2696 of the Michigan Compiled Laws1996 10 PA 376, MCL 125.2681 TO 125.2696. 05027'97 FDD 2 1 (2) Real and personal property in a renaissance zone is not 2 exempt from collection of the following: 3 (a) A special assessment levied by the local tax collecting 4 unit in which the property is located. 5 (b) Ad valorem property taxes specifically levied for the 6 payment of principal and interest of obligations approved by the 7 electors or obligations pledging the unlimited taxing power of 8 the local governmental unit. 9 (c) A tax levied under section 705, 1211c, or 1212 of the 10 revised school code,Act No. 451 of the Public Acts of 1976,11being sections 380.705, 380.1211c, and 380.1212 of the Michigan12Compiled Laws1976 PA 451, MCL 380.705, 380.1211C, AND 13 380.1212. 14 (3) Real property in a renaissance zone on which a casino is 15 operated and personal property of a casino located in a renais- 16 sance zone is not exempt from the collection of taxes under this 17 act. As used in this subsection, "casino" means a casino regu- 18 lated by this state pursuant to the Michigan gaming control and 19 revenue act, Initiated Law of 1996,being sections 432.201 to20432.216 of the Michigan Compiled LawsMCL 432.201 TO 432.226, 21 and all property associated or affiliated with the operation of a 22 casino, including, but not limited to, a parking lot, hotel, 23 motel, or retail store. 24 (4) For residential rental property in a renaissance zone, 25 the exemption provided under this section is only available if 26 that residential rental property is in substantial compliance 27 with all applicable state and local zoning, building, and housing 05027'97 3 1 laws, ordinances, or codes and the property owner files an 2 affidavit before December 31 in the immediately preceding tax 3 year with the treasurer of the local tax collecting unit in which 4 the property is located stating that the property is in substan- 5 tial compliance with all applicable state and local zoning, 6 building, and housing laws, ordinances, or codes. 7 (5) The written statement required under section 18 shall 8 identify all personal property located in a renaissance zone on 9 the tax day provided in section 2.and shall indicate whether10that personal property was located in that renaissance zone for1150% of the immediately preceding tax year.12 (6) As used in this section: 13 (a) "Renaissance zone" means that area designated a renais- 14 sance zone underAct No. 376 of the Public Acts of 1996THE 15 MICHIGAN RENAISSANCE ZONE ACT, 1996 PA 376, MCL 125.2681 TO 16 125.2696. 17 (b) "Residential rental property" means that portion of real 18 property not occupied by an owner of that real property that is 19 classified as residential real property under section 34c, is a 20 multiple-unit dwelling, or is a dwelling unit in a multiple pur- 21 pose structure, used for residential purposes, and all personal 22 property located in that real property. 05027'97 Final page. FDD