Terms Used In Michigan Laws 207.914

  • certificate: means the certificate issued under section 6. See Michigan Laws 207.902
  • Commission: means the state tax commission created by 1927 PA 360, MCL 209. See Michigan Laws 207.902
  • Qualified local governmental unit: means a city, village, or township. See Michigan Laws 207.902
  • Taxable value: means the value determined under section 27a of the general property tax act, 1893 PA 206, MCL 211. See Michigan Laws 207.902
    Not later than June 15 each year, each qualified local governmental unit granting a certificate shall report to the commission on the status of each exemption. The report must include the current taxable value of the property to which the exemption pertains.