RECODIFIED TAX INCREMENT FINANCING ACT (EXCERPT)
Act 57 of 2018
125.4228a Exemption.Sec. 228a.
Beginning January 1, 2010, the authority shall be exempt from all taxation on its earnings or property. Instruments of conveyance from an authority are exempt from transfer taxes under 1966 PA 134, MCL 207.501 to 207.513, and the state real estate transfer tax act, 1993 PA 330, MCL 207.521 to 207.537.
History: 2018, Act 57, Eff. Jan. 1, 2019
Rendered 8/15/2025 1:21 PM
Michigan Compiled Laws Complete Through PA 5 of 2025
Courtesy of legislature.mi.gov