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Michigan Laws 125.2115 - Condition to certification as qualified business

Michigan Laws > Chapter 125 > Act 224 of 1985 > 125.2115


Current as of: 2013

Before being entitled to certification as a qualified business, a business shall certify to the local governmental unit in writing at least all of the following:

(a) An estimate of the minimum number of new jobs that will be created by the business as a qualified business and the duration of those jobs.

(b) An estimate of the amount of investment that will be made in the enterprise zone on land, equipment, and building acquisition or construction.

(c) Each exemption, credit, or deduction to which the business will be entitled as a qualified business and the duration of each exemption, credit, or deduction.

(d) That the business is aware that violation of the terms of this act or the certification under this section may result in revocation of its certification as a qualified business.

(e) That, except as provided in section 16, location of the new facility or qualified new business in the enterprise zone will not have the effect of transferring employment from another local governmental unit or from an area in the local governmental unit to the enterprise zone located within that local governmental unit.

Michigan Laws 125.2114a - Certification as qualified business; application; eligibility; time period; revocation; limitationAct 224 of 1985 Table of ContentsMichigan Laws 125.2116 - Effect of transferring employment from 1 or more local governmental units

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Questions & Answers: Economic Development

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U.S. Code Provisions: Economic Development

U.S. Code Title 7 > Chapter 31 > Subchapter V - Rural Economic Development
U.S. Code Title 15 > Chapter 2 > Subchapter II - Promotion Of Export Trade
U.S. Code > Title 15 > Chapter 2E - Omnibus Small Business Capital Formation
U.S. Code > Title 15 > Chapter 14A - Aid To Small Business
U.S. Code > Title 15 > Chapter 14B - Small Business Investment Program
U.S. Code > Title 15 > Chapter 15 - Economic Recovery
U.S. Code > Title 15 > Chapter 63 - Technology Innovation
U.S. Code > Title 15 > Chapter 66 - Promotion Of Export Trade
U.S. Code > Title 15 > Chapter 72 - Semiconductor Research
U.S. Code > Title 15 > Chapter 73 - Export Enhancement
U.S. Code > Title 15 > Chapter 74 - Competitiveness Policy Council
U.S. Code > Title 15 > Chapter 75 - National Trade Data Bank
U.S. Code > Title 15 > Chapter 77 - Steel And Aluminum Energy Conservation And Technology Competitiveness
U.S. Code > Title 15 > Chapter 78 - Superconductivity And Competitiveness
U.S. Code > Title 15 > Chapter 79 - Metal Casting Competitiveness Research Program
U.S. Code > Title 15 > Chapter 81 - High-Performance Computing
U.S. Code > Title 15 > Chapter 95 - Microenterprise Technical Assistance And Capacity Building Program
U.S. Code > Title 15 > Chapter 97 - Women's Business Enterprise Development
U.S. Code > Title 15 > Chapter 101 - Nanotechnology Research And Development
U.S. Code > Title 42 > Chapter 34 - Economic Opportunity Program
U.S. Code > Title 42 > Chapter 38 - Public Works And Economic Development
U.S. Code > Title 42 > Chapter 41 - Demonstration Cities And Metropolitan Development Program
U.S. Code > Title 42 > Chapter 69 - Community Development
U.S. Code Title 42 > Chapter 105 > Subchapter I - Community Economic Development
U.S. Code > Title 42 > Chapter 120 - Enterprise Zone Development

Federal Regulations: Economic Development

U.S. Code Title 7 > Chapter 31 > Subchapter V - Rural Economic Development
U.S. Code Title 15 > Chapter 2 > Subchapter II - Promotion Of Export Trade
U.S. Code > Title 15 > Chapter 2E - Omnibus Small Business Capital Formation
U.S. Code > Title 15 > Chapter 14A - Aid To Small Business
U.S. Code > Title 15 > Chapter 14B - Small Business Investment Program
U.S. Code > Title 15 > Chapter 15 - Economic Recovery
U.S. Code > Title 15 > Chapter 63 - Technology Innovation
U.S. Code > Title 15 > Chapter 66 - Promotion Of Export Trade
U.S. Code > Title 15 > Chapter 72 - Semiconductor Research
U.S. Code > Title 15 > Chapter 73 - Export Enhancement
U.S. Code > Title 15 > Chapter 74 - Competitiveness Policy Council
U.S. Code > Title 15 > Chapter 75 - National Trade Data Bank
U.S. Code > Title 15 > Chapter 77 - Steel And Aluminum Energy Conservation And Technology Competitiveness
U.S. Code > Title 15 > Chapter 78 - Superconductivity And Competitiveness
U.S. Code > Title 15 > Chapter 79 - Metal Casting Competitiveness Research Program
U.S. Code > Title 15 > Chapter 81 - High-Performance Computing
U.S. Code > Title 15 > Chapter 95 - Microenterprise Technical Assistance And Capacity Building Program
U.S. Code > Title 15 > Chapter 97 - Women's Business Enterprise Development
U.S. Code > Title 15 > Chapter 101 - Nanotechnology Research And Development
U.S. Code > Title 42 > Chapter 34 - Economic Opportunity Program
U.S. Code > Title 42 > Chapter 38 - Public Works And Economic Development
U.S. Code > Title 42 > Chapter 41 - Demonstration Cities And Metropolitan Development Program
U.S. Code > Title 42 > Chapter 69 - Community Development
U.S. Code Title 42 > Chapter 105 > Subchapter I - Community Economic Development
U.S. Code > Title 42 > Chapter 120 - Enterprise Zone Development
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