Mich. Comp. Laws § 125.2101
Short title.
This act shall be known and may be cited as the "enterprise zone act".
Michigan Compiled Laws — ENTERPRISE ZONE ACT (Act 224 of 1985)
Michigan · statute · 224 of 1985, Mich. Comp. Laws · 30 active provisions
Provisions
Mich. Comp. Laws § 125.2102
Legislative findings.
(1) The legislature finds that it is in the public interest to promote economic growth and to encourage private investment, job creation, and job upgrading for residents in local governmental units that are economically distressed. (2) The legislature further finds that the present and future health, safety, right to g…
Mich. Comp. Laws § 125.2103
Definitions.
As used in this act: (a) "Authority" means the Michigan enterprise zone authority created pursuant to section 4. (b) "Citizens' council" means a council created pursuant to section 9 . (c) "Comprehensive development plan" or "plan" means a physical improvement plan for an enterprise zone. (d) "Enterprise zone" or "zone…
Mich. Comp. Laws § 125.2104
Michigan enterprise zone authority; creation; powers, duties, and functions; staff; appointment, qualifications, and terms of members; vacancy; designees; reimbursement of expenses.
(1) The Michigan enterprise zone authority is created within the department of commerce. The authority shall exercise its powers, duties, and functions independently of the director of commerce as head of department of commerce. However, the department of commerce shall provide staff for the authority and shall carry o…
Mich. Comp. Laws § 125.2105
Powers of authority vested in members; quorum; action by authority; meetings.
(1) The powers of the authority shall be vested in the members in office. Regardless of the existence of a vacancy, a majority of the members of the authority constitutes a quorum necessary for the transaction of business at a meeting or the exercise of a power or function of the authority. Action may be taken by the a…
Mich. Comp. Laws § 125.2106
Powers and duties of authority generally.
In addition to other powers and duties provided in this act, the authority shall administer this act and has all of the following powers and duties: (a) To conduct a continuing evaluation program on enterprise zones. (b) To promulgate rules pursuant to the administrative procedures act of 1969, Act No. 306 of the Publi…
Mich. Comp. Laws § 125.2107
Analysis of economic impacts of enterprise zones; presentation to legislative committees; development and implementation of recommendations.
(1) Beginning October 1, 1996 and every 3 years after that date, the authority shall present an analysis of the economic impacts of each enterprise zone. This analysis shall be presented to the standing committees of the legislature concerned with economic development, local governmental units, and taxation for their c…
Mich. Comp. Laws § 125.2108
Qualifying local governmental units.
The authority shall determine which local governmental units qualify to apply to have enterprise zones approved within their boundaries. For an enterprise zone approved after 1993, a qualifying local governmental unit shall be a local governmental unit that has been designated an empowerment zone, rural enterprise comm…
Mich. Comp. Laws § 125.2109
Citizens' council for potential enterprise zone; establishment; appointment, qualifications, and terms of members; staff; administrative duties and functions.
(1) If a local governmental unit qualifies under the criteria of section 8 and wishes to apply for approval of an enterprise zone within its boundaries, the local governmental unit shall establish a citizens' council for the potential enterprise zone. A local governmental unit shall have only 1 citizens' council regard…
Mich. Comp. Laws § 125.2110
Duties of citizens' council.
A citizens' council shall perform all of the following duties: (a) Advise the local governmental unit on all matters relating to enterprise zone activities. (b) Advocate the promotion and development of business in the enterprise zone. (c) Coordinate employer needs with available training programs and other services. (…
Mich. Comp. Laws § 125.2111
Adoption of ordinance establishing proposed enterprise zone; public hearing; notice; vote; boundaries.
(1) Beginning in 1994, the governing body of the local governmental unit shall hold a public hearing on the adoption of an ordinance establishing the proposed enterprise zone. Notice of the public hearing shall be published twice in a newspaper of general circulation in the local governmental unit, not less than 20 or…
Mich. Comp. Laws § 125.2112
Application to have area approved as enterprise zone; filing; form; contents.
If a local governmental unit qualifies under section 8 and its governing body approves the boundaries of a proposed enterprise zone, the local governmental unit may file with the authority an application, in a form provided by the authority, to have the area approved as an enterprise zone. The application shall contain…
Mich. Comp. Laws § 125.2113
Review of application; approval or rejection; comprehensive development plan; contents; public hearing; notice; action by authority; spending tax revenue on physical improvements; revocation.
(1) Upon receipt of an application from a local governmental unit, the authority shall review the application and, by resolution, shall approve or reject the application based upon criteria set forth in this act. (2) If the authority rejects an application, the authority shall return the application to the local govern…
Mich. Comp. Laws § 125.2114
Application for certification as qualified business; procedure.
(1) This section applies only to a business that applies for certification as a qualified business in an enterprise zone that was created before 1994. (2) A business that plans to meet the construction, restoration, alteration, or renovation requirements for, and that does meet the other conditions for, a qualified bus…
Mich. Comp. Laws § 125.2114a
Certification as qualified business; application; eligibility; time period; revocation; limitation.
(1) This section applies only to a business that applies for certification as a qualified business in an enterprise zone that was created after 1993. (2) The owner or lessee of a facility may file an application for certification as a qualified business within the enterprise zone with the clerk of the local governmenta…
Mich. Comp. Laws § 125.2115
Condition to certification as qualified business.
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…
Mich. Comp. Laws § 125.2116
Effect of transferring employment from 1 or more local governmental units.
If the location of a new facility or qualified new business in an enterprise zone will have the effect of transferring employment from 1 or more other local governmental units, a business may be certified as a qualified business if the governing body of each local governmental unit from which employment will be transfe…
Mich. Comp. Laws § 125.2117
Allegations of noncompliance; procedure.
(1) Except as provided in subsection (6), a resident of an enterprise zone, a business located within an enterprise zone, or the authority may allege to the local governmental unit noncompliance with this act, including, but not limited to, noncompliance by a qualified business with a certification made by the business…
Mich. Comp. Laws § 125.2118
Eligibility for exemption, credit, or deduction.
The qualified business activity of a qualified business is eligible for an exemption, credit, or deduction as provided by this act, another law of this state, or a law of the United States.
Mich. Comp. Laws § 125.2119
Duration of exemption or credit.
An exemption or credit granted to a qualified business shall continue until the certification of the qualified business is revoked, as provided in this act, or for 10 years from the date that the business is certified as a qualified business. Even if approval of an enterprise zone is revoked by the authority as provide…
Mich. Comp. Laws § 125.2120
Exemption from ad valorem real and personal property taxes.
(1) For a qualified business located in an enterprise zone that was created before 1994, unless the certification of the qualified business is revoked as provided in this act, for 10 years from the date on which construction, restoration, alteration, or renovation begins, or through December 31, 2004, whichever occurs…
Mich. Comp. Laws § 125.2120a
Exemption of commercial, industrial, or utility property from ad valorem real and personal property taxes; compliance required.
(1) Commercial, industrial, or utility property that is located in the area comprising an enterprise zone at the time the area is approved as an enterprise zone and that is not exempt under section 20 or 20b is exempt from ad valorem real and personal property taxes imposed through the year 2004 under the general prope…
Mich. Comp. Laws § 125.2120b
Additional exemption from ad valorem real and personal property taxes.
Property that is located in the area comprising an enterprise zone at the time the area is approved as an enterprise zone and for which an exemption certificate under Act No. 198 of the Public Acts of 1974, being sections 207.551 to 207.571 of the Michigan Compiled Laws, is approved before January 1, 1992, and revoked…
Mich. Comp. Laws § 125.2121
Enterprise zone created before 1994; levy of specific tax; amount; payment; disbursement; agreement; credit; lien; eligibility for credit; funding emergency dispatch services, senior citizen centers, and substance abuse rehabilitation services.
(1) This section applies only to an owner of property located in an enterprise zone that was created before 1994. (2) Except as provided in section 21c, a specific tax is levied in each year upon an owner of property exempted under section 20(1) or 20b, the amount of which is determined by multiplying 50% of the averag…
Mich. Comp. Laws § 125.2121a
Use of disbursement pursuant to MCL 125.2121 (4)(a) and (b).
(1) Except as otherwise provided in subsection (2) and section 21(9), the local governmental unit shall use the amount disbursed to the local governmental unit pursuant to section 21(4)(a) and (b) only to fund capital improvements identified in the spending plan that the local governmental unit submitted to the authori…
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