HOUSE BILL No. 5445


     February 24, 2000, Introduced by Reps. Ehardt, Van Woerkom, Hager, Patterson, Julian, Rick Johnson, Faunce, Bisbee, Vear,
Richardville, Gilbert, Ruth Johnson, Howell, Caul, Kowall, Vander Roest, Pumford, Tabor, Koetje, Rocca, Jellema, DeVuyst,
Woronchak, Geiger, Jelinek, Garcia, Jansen, Sanborn, Stamas, Shackleton, Toy and Kuipers and referred to the Committee on
Economic Development.


        A bill to amend 1893 PA 206, entitled

   "The general property tax act,"

   (MCL 211.1 to 211.157) by adding section 9i.

               THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

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           SEC. 9I.  (1) THE GOVERNING BODY OF A LOCAL ASSESSING DIS-

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      TRICT MAY ADOPT A RESOLUTION TO EXEMPT FROM THE COLLECTION OF

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      TAXES UNDER THIS ACT ALL PERSONAL PROPERTY OWNED OR LEASED BY

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      BUSINESSES LOCATED IN ELIGIBLE PROPERTY DESIGNATED IN THE

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      RESOLUTION.  THE CLERK OF THE LOCAL ASSESSING DISTRICT SHALL

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      NOTIFY IN WRITING THE ASSESSOR OF THE LOCAL TAX COLLECTING UNIT

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      IN WHICH THE ELIGIBLE PROPERTY IS LOCATED AND THE LEGISLATIVE

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      BODY OF EACH TAXING UNIT THAT LEVIES AD VALOREM PROPERTY TAXES IN

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      THE LOCAL ASSESSING DISTRICT IN WHICH THE ELIGIBLE PROPERTY IS

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      LOCATED.  BEFORE ACTING ON THE RESOLUTION, THE GOVERNING BODY OF

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      THE LOCAL ASSESSING DISTRICT SHALL AFFORD THE ASSESSOR AND A


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      REPRESENTATIVE OF THE AFFECTED TAXING UNITS AN OPPORTUNITY FOR A

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      HEARING.

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           (2) THE EXEMPTION UNDER THIS SECTION IS EFFECTIVE ON THE

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      DECEMBER 31 IMMEDIATELY SUCCEEDING THE ADOPTION OF THE RESOLUTION

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      BY THE GOVERNING BODY OF THE LOCAL ASSESSING DISTRICT AND SHALL

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      CONTINUE IN EFFECT FOR A PERIOD SPECIFIED IN THE RESOLUTION.  A

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      COPY OF THE RESOLUTION SHALL BE FILED WITH THE STATE TAX

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      COMMISSION.  A RESOLUTION IS NOT EFFECTIVE UNLESS APPROVED BY THE

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      STATE TAX COMMISSION AS PROVIDED IN SUBSECTION (3).

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           (3) NOT MORE THAN 60 DAYS AFTER RECEIPT OF A COPY OF THE

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      RESOLUTION ADOPTED UNDER SUBSECTION (1), THE STATE TAX COMMISSION

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      SHALL APPROVE OR DISAPPROVE THE RESOLUTION.  THE STATE TREASURER,

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      WITH THE WRITTEN CONCURRENCE OF THE PRESIDENT OF THE MICHIGAN

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      STRATEGIC FUND, SHALL ADVISE THE STATE TAX COMMISSION AS TO

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      WHETHER EXEMPTING PERSONAL PROPERTY WITHIN THE ELIGIBLE PROPERTY

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      IS NECESSARY TO REDUCE UNEMPLOYMENT, PROMOTE ECONOMIC GROWTH, AND

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      INCREASE CAPITAL INVESTMENT IN THIS STATE.

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           (4) AS USED IN THIS SECTION:

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           (A) "ELIGIBLE PROPERTY" MEANS THAT TERM AS DEFINED IN THE

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      BROWNFIELD REDEVELOPMENT FINANCING ACT, 1996 PA 381, MCL 125.2651

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      TO 125.2672.

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           (B) "LOCAL ASSESSING DISTRICT" MEANS A CITY, VILLAGE, OR

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      TOWNSHIP.

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           (C) "PERSONAL PROPERTY" DOES NOT INCLUDE BUILDINGS DESCRIBED

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      IN SECTION 14(6) AND PERSONAL PROPERTY DESCRIBED IN SECTION 8(H),

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      (I), AND (J).





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           Enacting section 1.  This amendatory act does not take

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      effect unless all of the following bills of the 90th Legislature

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      are enacted into law:

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           (a) Senate Bill No. 269.

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           (b) House Bill No. 4400.

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           (c) Senate Bill No. ______ or House Bill No. ______ (request

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      no.  03516'99).

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           (d) Senate Bill No. ______ or House Bill No. 5444   (request

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      no.  05512'99 *).






































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