Michigan Laws 408.877 – Grant, tax abatement, or tax credit; prohibitions
Current as of: 2023 | Check for updates
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Terms Used In Michigan Laws 408.877
- Contract: A legal written agreement that becomes binding when signed.
- Governmental unit: means this state, a county, city, township, village, school district, intermediate school district, community college, or public university that receives appropriations from this state, or any agency, board, commission, authority, or instrumentality of the foregoing. See Michigan Laws 408.873
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
Subject to section 8, a governmental unit shall not award a grant, tax abatement, or tax credit that is conditioned upon a requirement that the awardee include a term described in section 5(a) or (b) in a contract document for any construction, improvement, maintenance, or renovation to real property or fixtures that are the subject of the grant, tax abatement, or tax credit.