June 28, 2011, Introduced by Rep. Wayne Schmidt and referred to the Committee on Commerce.
A bill to amend 2000 PA 146, entitled
"Obsolete property rehabilitation act,"
by amending section 6 (MCL 125.2786), as amended by 2010 PA 137.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 6. (1) Not more than 60 days after receipt of a copy of
the application and resolution adopted under section 5, the
commission shall approve or disapprove the resolution.
(2) Following approval of the application by the legislative
body of the qualified local governmental unit and the commission,
the commission shall issue to the applicant an obsolete property
rehabilitation exemption certificate in the form the commission
determines, which shall contain all of the following:
(a) A legal description of the real property on which the
obsolete facility is located.
(b) A statement that unless revoked as provided in this act
the certificate shall remain in force for the period stated in the
certificate.
(c) A statement of the taxable value of the obsolete property,
separately stated for real and personal property, for the tax year
immediately preceding the effective date of the certificate after
deducting the taxable value of the land and personal property other
than personal property assessed pursuant to sections 8(d) and 14(6)
of the general property tax act, 1893 PA 206, MCL 211.8 and 211.14.
(d) A statement of the period of time authorized by the
legislative body of the qualified local governmental unit within
which the rehabilitation shall be completed.
(e) If the period of time authorized by the legislative body
of the qualified local governmental unit pursuant to subdivision
(d) is less than 12 years, the exemption certificate shall contain
the factors, criteria, and objectives, as determined by the
resolution of the qualified local governmental unit, necessary for
extending the period of time, if any.
(3) Except as otherwise provided in this section, the
effective date of the certificate is the December 31 immediately
following the date of issuance of the certificate.
(4) The commission shall file with the clerk of the qualified
local governmental unit a copy of the obsolete property
rehabilitation exemption certificate, and the commission shall
maintain a record of all certificates filed. The commission shall
also send, by certified mail, a copy of the obsolete property
rehabilitation exemption certificate to the applicant and the
assessor of the local tax collecting unit in which the obsolete
property is located.
(5) Notwithstanding any other provision of this act, if a
qualified local governmental unit passed a resolution approving an
application for an obsolete property rehabilitation exemption
certificate on November 5, 2008 for a rehabilitated facility
located in an obsolete property rehabilitation district established
on January 29, 2003 with rehabilitation commencing on July 24,
2007, the effective date of the certificate shall be December 31,
2008.
(6) Notwithstanding any other provision of this act, if the
commission issued an obsolete property rehabilitation exemption
certificate on September 20, 2010 for a rehabilitated facility
located in an obsolete property rehabilitation district established
on January 23, 2003, an owner of that rehabilitated facility may
submit an amended application in the same manner as the original
application to the clerk of the qualified local governmental unit
that established the obsolete property rehabilitation district. The
amended application may be revised to cover 1 or more units in a
multipurpose structure that was included in the original
application. If the legislative body of the qualified local
governmental unit and the commission approve the amended
application under this act, the commission shall issue a revised
certificate that includes those units with an effective date of
December 31, 2008.